Text AutoSum Recently Financial Logical Used Date & Lookup & Math & Time Reference Trig More Functions n 4 X fx P10-4 Modified (see problem below for revisions) 1 B D E F G H 0-4 Modified (see problem below for revisions) J. Pinkman Motors, Inc., paid a $2.85 dividend last year. If J. Pinkman's return on equity is 21 percent and its retention rate is 40 percent, what is the value of the common stock if the investors require a 12 percent rate of return? Hint: see textbook page 307, equation 10-2 D. = D. ROE Retention Rate . T 5 Value Price) 29 20 21 22 31 P.14M POTOM 010-4 010-0 18 X