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The market capitalization rate for Admiral Motors Company is 12 %. Its expected ROE is 14% and its expected EPS is $7. If the firms
The market capitalization rate for Admiral Motors Company is 12%. Its expected ROE is 14% and its expected EPS is $7. If the firms plowback ratio is 50%.
Please Show Work.
A). What is the expected growth rate?
B). What is Admiral Motors Companys stock price?
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