Sisters Corporation expects to earn $ 6 per share next year The firm's ROE is 1 5 and its plowback ratio is 7 0 The firm's market capitalization rate is 1 2 Required a Calculate the price with the constant dividend growth model ( Do not round intermediate calculations ) Price b Calculate the price with no growth Price

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Sisters Corporation expects to earn $ 6 per share next year. The firm's ROE is 1 5 % and its plowback ratio is 7 0

Sisters Corporation expects to earn $

6

per share next year. The firm's ROE is

15 %

and its plowback ratio is

70 % .

The firm's market capitalization rate is

12 % .

Required:

.

Calculate the price with the constant dividend growth model.

(

Do not round intermediate calculations.

)

Price

.

Calculate the price with no growth.

Price

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