A share of common stock has just paid a dividend today of $6. If the expected growth rate for this stock is 4%, and if investors' required rate of return is 9%, what is the expected stock price? $ AnswerCompany X expects a 10% jump in sales in 2022. At the end of 2021, its assets were $25 million, while its liabilities were $17 million. The sales for the year 2021 were $30 million, while its profit margin was 4%. The current retention ratio of Company X is about 40%. 

What is the AFN?