3. From the Financial Highlights and Company Profile links of Market Insight, obtain the price- earnings ratios of Adobe Systems (ADBE) and American Electric Power (AEP). Which of these two firms seems to be more of a "growth stock"? Now obtain a forecast of each firm's expected earnings per share in the coming year from a site such as finance.yahoo.com. What is the pres- ent value of growth opportunities for each firm as a fraction of the stock price? (Assume, for simplicity, that the required rate of return on the stocks is r = 12%.) Are the relative values you obtain for PVGO consistent with the P/E ratios?