At that point is it expected to have a steady state roe of

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A company is young and growing and expects to pay out dividends of .25, .50, .73, .90, and 1.05 sequentially over the next 5 years. At that point is it expected to have a steady state ROE of 10% and a plowback rate of 40%.

a. If the required rate of return is 7% what is the price of the stock?

Reference no: EM13568707

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