19. a. MF Corp. has an ROE of \16 and a plowback ratio of \50....

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image 19. a. MF Corp. has an ROE of \16 and a plowback ratio of \50. If the coming year's earnings are expected to be \\( \\$ 2 \\) per share, at what price will the stock sell? The market capitalization rate is \12. \\( b \\). What price do you expect MF shares to sell for in three years? \\( (L O 13-2) \\)

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