What price do you expect art shares to sell for in four year

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Reference no: EM131337987

ARt has come out with a new and improved product. As a result, the firm projects an ROR of 25%, and will maintain a plowback ratio of .20. Its earnings next year will be $3 per share . Investors expect a 12% rate of return on the stock. What price do you expect ART shares to sell for in 4 years? (Please include relevant HP12C calculations)

Reference no: EM131337987

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What price do you expect art shares to sell for in four year : ARt has come out with a new and improved product. As a result, the firm projects an ROR of 25%, and will maintain a plowback ratio of .20. Its earnings next year will be $3 per share . Investors expect a 12% rate of return on the stock. What price do..

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