Growth Opportunities Assume that investors require an 11 percent return on Harley-

Davidson (HDI) stock. Under the “Excel Analytics” link find the “Mthly. Adj. Price” and find the closing price for the month of the most recent fiscal year end for HDI. Using this stock price and the EPS for the most recent year, calculate the NPVGO for Harley-Davidson. What is the appropriate PE ratio for Harley-Davidson using these calculations? LO.1