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Fincorp will pay a year-end dividend of $3.50 per share, which is expected to grow at a rate of 5% for the indefinite future. The

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Fincorp will pay a year-end dividend of $3.50 per share, which is expected to grow at a rate of 5% for the indefinite future. The discount rate is 15% a. What is the stock selling for? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Stock price b. If earnings are $4.30 a share, what is the implied value of the thin's growth opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Impled value

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