Question: 10.00 points he ns-tee rate o return is 9.0%, the expected rate of return on the market portfolio is 14%, and the stock o X

10.00 points he ns-tee rate o return is 9.0%, the expected rate of return on the market portfolio is 14%, and the stock o X rong Corporation has a be a coefficient o 2 yrong pays out 5 % o its earnings in didends and the lates earnings announced were $20 per share. Dividends were just paid and are expected to be paid annually. You expect that Xyrong will earn an ROE or 18% per year on all reinvested earnings forever a. What is the Intrinsic value or a share or Xyrong stock? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) intrinsic value b 1ir the market price or a share is currently $108, and you expect the market price to be equal to the intrinsic value one year trom now calculate the price ofthe share arter one year from now Do not round intermediate calculations. Round your answer to 2 decimal places.) Price S b-2. What is your expected one-year holding-period relurn on Xyrong slock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Expected one-year holding-period return
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