Double checking these to see if the answer circled is correct or not. Please show work of the problem, so I can understand better.

*13. Best Ever, Inc. has introduced a new product. As a result, the firm projects an ROE of20% based on a plowback ratio of .30. Its expected end of year earnings-per-share is $2. Its investors expect a return of 12% on their stock. What is the present value of growth opportunities (PVGO)? Note: Eo is the relevant carnings in the no-growth case. a $6.66 b. 7.61 c. 16.67 d. 11.67