PLEASE ANSWER QUESTION CORRECTLY

You are valuing a bank. The bank currently has assets of $335 per share. Five years from now (that is, at the end of five years), you expect their assets per share to be $490. After Year 5, you expect their assets per share to grow at 3.75 pereent per year forever. The bank has an ROA of 1.4 percent and an AOE of 11.5 percent. The bank's cost of equity is 11.0 percent. What is the value of the bank's stock? Use the free cash fow to equity model to value this stock. Do not round intermediate calculations. flound your answer to the nearest cent. You are valuing a bank. The bank currently has assets of $335 per share. Five years from now (that is, as the end of flve years), you expect their assets per share to be $490. After Year 5. you expect their assets per share to grow ot 3.75 sercent per year forever. The bank hes an ROA of 1.4 percent and an ROC of 11.5 percent, The bank's cast of equity is 11.0 percent. What is the value of the bank's stock? Une the free cash flow to equity mocel to value this stock. Do not raund intermed ate calculatisns. Round your answer fo the neareat cent