Dishwashers Delights plows back 69.00% of its earnings to take on projects that earn the firm a rate of return of 13.00%. Dishwashers stockholders require a return of 12.50% on their common stock. Earnings per share are expected to be $4.00 next year.

a. What is the expected growth rate for Dishwashers common stock? (Round your answer to 2 decimal places.)

Growth rate %

b. What is the expected dividend next year? (Round your answer to 2 decimal places.)

Dividend $

c. What is the intrinsic value of Dishwashers stock? (Round your answer to 2 decimal places.)

Intrinsic value $

d. If Dishwashers management chose to pay out all earnings as dividends, what would be the intrinsic value of its stock? (Round your answer to 2 decimal places.)

Intrinsic value $

e. What is the present value of growth opportunities for Dishwasher's Delights? (Round your answer to 2 decimal places.)

PVGO $