Question: For a firm that expects earnings next year of $10.00 per share, has a plowback ratio of 35 percent, a return on equity of 20 percent, and a required return of 15 percent, show the current stock value and next year's expected stock value, assuming that growth is to be constant. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.