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Sawworks, Inc., just paid out a $ 5 dividend ( i . e . , D 0 = $ 5 ) . Sawworks expects to

Sawworks, Inc., just paid out a $5 dividend (i.e., D0= $5). Sawworks expects to retain 30% of its earnings for the foreseeable future. If the firm is expected to generate a ROE =14%, and if you require a 12% rate return on the stock, then what is the value of the stock?
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$36.67
$42.39
$66.79
$59.65

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