Even Better Products has come out with a new and Improved product. As a result, the firm projects an ROE of 25%, and it will maintain a plowback ratio of 0.40. Its projected earnings are $2 per share. Investors expect a 15% rate of return on the stock. a. At what price and P/E ratio would you expect the firm to sell? (Do not round Intermediate calculations. Round your answers to 2 decimal places.) Price PE ratio b. What is the present value of growth ooportunities? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) PVGO c. What would be the P/E ratio and the present value of growth opportunities the fim planned to renvest only 20% of its earnings? (Do not round Intermediate calculations. Round your answers to 2 decimal places PE ratio PVGO