Fred's Dance Studios, Inc. expects to generate earnings per share of $4.85 per share next year. Based on the success of the Dancing with Bears TV show, Fred's sees an opportunity to reinvest 30.00% of its earnings and generate a return on equity of 21.80% for the reinvested money. Investors only expect a return on their stock of 12.90%. a. What is the company's forecasted dividend? (Round your answer to two decimal places.) Dividend b. What is the company's stock price with growth? (Round your answer to two decimal places.) Stock price c. What is the present value of the company's growth opportunities? (Round your answer to two decimal places.) PVGO