iteracom

I will put one here as a practice. Hope it is all good.
P0 = (V1)/r-g;

P0/B0 = V1/B0/r-g plug in B0 = E1/ROE,
p0/B0 = (V1 / E1) *ROE/r-g = (1-b) * ROE/r-g = ROE-g/r-g