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24. Consider the above information. Suppose The Forzani Group could cut its dividend payout ratio to 75% and use the retained earnings to open new

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24. Consider the above information. Suppose The Forzani Group could cut its dividend payout ratio to 75% and use the retained earnings to open new stores and grow its business at a rate of 3% in the foreseeable future. Calculate the current share price for the Forzani Group under the new policy assuming that the discount rate is unchanged at 10%. (Hint: Use 2 decimal places for your calcualtions.) A. $58.33. B. $78.75. C. $44.46. D. $64.28. E. None of the above. 25. Given the above information, what is the present value of growth op- portunities (PVGO) per share for the Forzani Group? A. $2.10. B. $4.28. C. $5.98. D. $6.29. E. None of the above. 26. Camilla bought a stock 1 year ago with an expected cash dividend of 80.36 per share for the year. She can sell the stock today for a price of $14 and realize a return of 30%. At what price did Camilla buy the stock 1 year ago? Hint: use 2 decimal places for your calculations.) A. 813.10. B. $17.94 C. 811.04. D. 819.29. E. None of the above. 24. Consider the above information. Suppose The Forzani Group could cut its dividend payout ratio to 75% and use the retained earnings to open new stores and grow its business at a rate of 3% in the foreseeable future. Calculate the current share price for the Forzani Group under the new policy assuming that the discount rate is unchanged at 10%. (Hint: Use 2 decimal places for your calcualtions.) A. $58.33. B. $78.75. C. $44.46. D. $64.28. E. None of the above. 25. Given the above information, what is the present value of growth op- portunities (PVGO) per share for the Forzani Group? A. $2.10. B. $4.28. C. $5.98. D. $6.29. E. None of the above. 26. Camilla bought a stock 1 year ago with an expected cash dividend of 80.36 per share for the year. She can sell the stock today for a price of $14 and realize a return of 30%. At what price did Camilla buy the stock 1 year ago? Hint: use 2 decimal places for your calculations.) A. 813.10. B. $17.94 C. 811.04. D. 819.29. E. None of the above

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