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ine market consensus is that Analog biectronic Corporation nas an HUE OTUand a peta of ZZU. It plans to maintain ingetinney its traditional plowback ratio

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ine market consensus is that Analog biectronic Corporation nas an HUE OTUand a peta of ZZU. It plans to maintain ingetinney its traditional plowback ratio of 3/5. This year's earnings were $4.4 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 15%, and T-bills currently offer a 5% return a. Find the price at which Analog stock should sell (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Price b. Calculate the P/E ratio (Do not round Intermediate calculations. Round your answers to 2 decimal places.) PE ratio Leading c. Calculate the present value of growth opportunities (Negative amount should be indicated by a minus sign. Do not round Intermediate calculations. Round your answer to 2 decimal places) PGO

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