Mf corp has an roe of 12 and a plowback ratio of 50 if the, Financial Management

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Mf corp has an roe of 12 and a plowback ratio of 50 if the

MF Corp. has an ROE of 12% and a plowback ratio of 50%. If the coming year's earnings are expected to be $4 per share, at what price will the stock sell? The market capitalization rate is 14%. (Round your answer to 2 decimal places. Do not round intermediate calculations.)

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Financial Management: Mf corp has an roe of 12 and a plowback ratio of 50 if the

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Financial Management: Mf corp has an roe of 12 and a plowback ratio of 50 if the

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