Fortress of Solitude Co. expects an earnings per share of $1.61 and reinvests 45% of its earnings. Management projects a rate of return of 4% on new projects and investors expect a 5% rate of return on the stock. What is the price of the stock with growth? Enter your response below rounded to 2 DECIMAL PLACES. 27.67 Correct response: 27.670.02 Click "Verify" to proceed to the next part of the question. Given that the price of the stock with growth is $27.67, what is the present value of growth opportunities (PVGO)? Enter your response below rounded to 2 DECIMAL PLACES. Number Click "Verify" to proceed. Section Attempt 1 of 1 Verify