24) Price-to-Earnings (P/E): a) A company plowback rate is b=60%. If the growth rate is g=4% and the market capitalization rate is k=8%, what is the company price-to-earnings P0/E1 ratio? b) A company just paid a dividend of D0=$2.75. Dividends are expected to grow at a rate of g= 5%. The company plowback rate is b=80% and the market capitalization rate is k=8%. Calculate P0 and E1. c) A company stock price is P0=$30.00. A company just paid an annual dividend of D0=$1.50. Dividends are expected to grow at a rate of g=5%. The company plowback rate is b=65%. What is the price-to-earnings ratio P0/E1