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. You are valuing a bank. The bank currently has assets of $340 per share. Five years from now (that's, attheendof fiveyears youexpectheiassetpershartobe$495 AfterYear5, you
. You are valuing a bank. The bank currently has assets of $340 per share. Five years from now (that's, attheendof fiveyears youexpectheiassetpershartobe$495 AfterYear5, you expect their assets per share to grow at 4 percent per year forever. The bank has an ROA of 1.4percerandanROE of 13.[percenThebank'sostofequitys 11. percenWhatis thevalueofthebank stock UsethefreecashflowtoequitynodetovaluthisstockDo notroundntermediatelculationRound/ouranswerothenearestent
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