CD Bargain Barn is forecasting earnings per share of $3.10 next year. Its investors require a return of 16.5%. Required: a. What is the no-growth value of CD's stock? (Round your answer to 3 decimal places.) b. If the stock's price is currently $35, what is the present value of growth opportunities (PVGO)? (Round your answer to 3 decimal places.) c. What is the implied P/E ratio for CD's stock? (Round your answer to 2 decimal places.)