A company has a Return on Equity of 7% and a 75% retention rate with a dividend of $0.80/year for the current year. My required rate of return is 15%. What is this company's value using the Dividend Discount Model? 1 x F AB I EE % 3 35 A stock is trading at $80/share. Its annual dividend is $1.40/share. The payout ratio is 70%. What is the company's P/E ratio? FL " 2 E E