3 A company is expected to pay a dividend of $4.00 per share if they payout 100% of their income. The company oangrowth faster by retaining 35% of earnings. The current RDE is 23.5% and the cost of equity is 11.5%. Calculate the No growth stook price, the stock price with growth and the present value of the growth opportunity. NoGrowth DIV 1 Expected return PO With Growth RDE Plowback ratio Growth rate Adjusted DIW-1 PO PVGrowth Dpportunity