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Consider the price of a common stock that is expected to pay dividends in the future, the plowback ratio kreps at 50%, and ROE is

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Consider the price of a common stock that is expected to pay dividends in the future, the plowback ratio kreps at 50%, and ROE is 15%, and the investors required rate of return is 12%. The earning per share (EPS) is expected to be $5 at the end of next year. 1) Compute the growth rate. 2)If the stock value is $45.46, what is the present value of growth opportunities (PVGO)

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