Dream Homes Corporation had net earnings of $200,000 this past year and paid $80,000 in dividends on the companys equity of $1,800,000. Dream Homes has 500,000 shares outstanding with a current market value of $5. What is the firms present value of growth opportunities if the required rate of return is

10.08 percent?

$0.77

$0.84

$0.86

$0.90