Even Better Products has come out with an even better product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 0.40. Its earnings this year will be $2 per share Investors expect a 13% rate of return on the stock Required: 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.) b. What is the present value of growth opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What woutd be the P/E ratio and the present value of growth opportunities if the firm planned to reinvest only 30 io of its earnings? (Do not round intermedinte calculations. Round your answers to 2 decimal places.)