Mf corp has an roe of 16 and a plowback ratio of 25 if the


MF Corp. has an ROE of 16% and a plowback ratio of 25%. 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 12%.

What price do you expect MF shares to sell for in three years? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: Mf corp has an roe of 16 and a plowback ratio of 25 if the
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