Art has come out with a new and improved product what price, Financial Management

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Art has come out with a new and improved product what price

ART has come out with a new and improved product. As a result, the Örm projects an ROE of 24%, and it will maintain a plowback ratio of 0.15. Its earnings this year will be $2.0 per share. Investors expect a 11% rate of return on the stock. What price do you expect ART shares to sell for in 4 years? A. $25.54 B. $34.56 C. $26.46 D. $28.46

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Financial Management: Art has come out with a new and improved product what price

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Financial Management: Art has come out with a new and improved product what price

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