Assume the following table provides summary data for Darden Restaurants Inc. $($in millions$).$ Analysts will often use the observed PB ratio to infer market expectations

regarding a company's future performance under various assumptions. $($Round your answers to one decimal place.$)$

$($a$)$ Assume that the market's expectations of future ROE and the discount rate are $22\%$ and $5\mathrm{.}5\%,$ respectively. Solve for the implied growth rate.

$\%$

$($b$)$ Assume that the market's expectations of future ROE and the growth rate are $22\%$ and $4\%,$ respectively. Solve for the implied discount rate.

$,\%$

$($c$)$ Assume that the market's expectations of the discount rate and the growth rate are $5\mathrm{.}5\%$ and $4\%,$ respectively. Solve for the implied future ROE.

$\%$

$($d$)$ Do the market expectations implied from the results of parts $($a$)$ through $($c$)$ seem reasonable?

The expectations from $($b$)$ will be difficult to obtain since the implied discount rate is higher than the growth rate.

The expectations from $($c$)$ will be difficult to obtain since the implied future ROE is lower than past ROE.

no $v{v}^{}$ The expectations for all parts are reasonable and easy to obtain.