Question: Hi! Please answer this question and show work to help me learn. Thank you! A firm reported a book value per share of $29.00. You

Hi! Please answer this question and show work to help me learn. Thank you!

A firm reported a book value per share of $29.00. You forecast that the firm will maintain a ROE of 30%. You also forecast that the firm will maintain a retention ratio of 65%. what is your forecasted book value per share in 6 periods?

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