MetaflixPlum Corp. has an ROE of 10% 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 15%. (Round your answer to 2 decimal places. Do not round intermediate calculations.) Price b. What price do you expect MetaflixPlum Corp. shares to sell for in three years? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price
