ignore my wrong answer

Company's Z's earnings and dividends per share are expected to grow indefinitely by 3% a year. Assume next year's dividend per share is $7 and next year's EPS is $7 The market capitalization rate is 10%. If Company Z were to distribute all of its earnings, it could maintain a level dividend stream of $7 a share. How much is the market actually paying per share for growth opportunities? (Do not round intermediate calculations. Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.) Present value growth opportunities S 195.06