Question: Chapter 18 Saved Help Save & Exit Submit Check my work MF Corp. has an ROE of 15% and a plowback ratio of 40%. The

Chapter 18 Saved Help Save & Exit Submit Check my work

Chapter 18 Saved Help Save & Exit Submit Check my work MF Corp. has an ROE of 15% and a plowback ratio of 40%. The market capitalization rate is 13%. a. If the coming year's earnings are expected to be $2.10 per share, at what price will the stock sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.) points Price eBook Print References b. What price do you expect MF shares to sell for in three years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price

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