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11 The market consensus is that Analog Electronics Corp. has an ROE=10% It has a beta of 1.40 It plans on maintaining a traditional plowback

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The market consensus is that Analog Electronics Corp. has an ROE=10% It has a beta of 1.40 It plans on maintaining a traditional plowback ratio of 25%. This years EPS =$2.70 per share . The annual dividend was just paid. The estimate of next year's marekt return =13% T-bills are currently offering a 5% return. Assume the no-growth opportunity is a perpetuity. What is the PVGO? Round to 2 decimal places

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