CD Bargain Barn is forecasting earnings per share of $3.15 next year. Its investors require a return of 14.5% a. What is the no-growth value of CD's stock? (Round your answer to 3 decimal places.) No-growth value b. If the stock's price is currently $38, what is the present value of growth opportunities (PVGO)? (Round your answer to 3 decimal places.) PVGO c. What is the implied P/E ratio for CD's stock? (Round your answer to 2 decimal places.) Implied P/E ratio