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Business, 22.04.2020 00:48 hannahbaak

ART has come out with a new and improved product. As a result, the firm projects an ROE of 27%, and it will maintain a plowback ratio of 0.20. Its earnings this year will be $4.0 per share. Investors expect a 15% rate of return on the stock. What price do you expect ART shares to sell for in 4 years

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ART has come out with a new and improved product. As a result, the firm projects an ROE of 27%, and...
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