Roberts Roofing currently earns $4 per share. Its return on equity is 20% and it retains 50%

Question:

Roberts Roofing currently earns $4 per share. Its return on equity is 20% and it retains 50% of its earnings (both figures are expected to be maintained indefinitely) of similar risk are priced to return 15%. What is the intrinsic value of Roberts' stock?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...