Aristech Corporation has just distributed $1.85 dividend. The retum on equity for the company is estimated to be 17.8 percent. The required rate of retum is expected to be 11 percent. Company is paying out 55 percent of its eamings as dividend. Using the information for the company, calculate the present value of growth opportunities (PVGO)? In other words what part of the price coming from the future growth opportunities? $32.27$33.8$29.134$34.25