Use the following information to answer this question. stock, the shares first had to be offered to the other at a discounted price. Although neither sibling wants to sell, they have decided they should value their holdings in the company. To get started, they have gathered the following information about their main competitors: Ragan, Inc., Competitors Expert HVAC Corporation's negative earnings per share were the result of an accounting write-off last year. Without the write-off, earnings per share for the company would have been $1.10. The ROE for Expert HVAC is based on net income excluding the write-off. The siblings believe that 13.5 percent is an appropriate required return for the company. Assuming the company continues its current growth rate, what is the value per share of the Regan company's stock? $38.44 $52.33$50.33 $48.44 $44.44