Even Better Products has come out with a new and improved product As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 30 . Its projected eaenings are $2 per share. Investors expect a 12% 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 ploces.) b. What is the present value of growth opportunities? (Do not round intermediate calculotions. Round your answer to 2 decimol pleces.) PVGO c. What would be the PIE ratio and the present value of growth opportunities if the firm planned to reinvest only 20% of its earnings? (Do not round intermediate calculations. Round your answers to 2 decimel places.)