Chapter 7 Assignment Saved 9 Web Cites Research projects a rate of return of 20% on new projects. Management plans to plow back 20% of all earnings into the firm. Earnings this year will be $6 per share, and investors expect a rate of return of 12% on stocks facing the same risks as Web Cites. 1 points a. What is the sustainable growth rate? b. What is the stock price? c. What is the present value of growth opportunities (PVGO)? d. What is the P/E ratio? e. What would the price and P/E ratio be if the firm paid out all earnings as dividends? (Do not round intermediate calculations. Round your answers to 2 decimal places.) % X a. Sustainable growth rate b. Stock pri This is a numeric cell, so please c. PVGO enter numbers only. d. P/E ratio e. Price P/E ratio