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Google s stock is currently trading at $ 1 7 0 per share. Assume that its annual earnings per share ( EPS ) is forecasted

Googles stock is currently trading at $170 per share. Assume that its annual earnings per share (EPS) is forecasted to be $7.5 per share next year, its ROE is 25%, and its annual dividend will be $1.5 per share next year at a dividend payout ratio of 20%. What is Googles sustainable growth rate? What is the present value of growth opportunity (PVGO) at an annual discount rate of 20%?

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