JJ company has generated a ROE of 16% on its investment projects given the risk associated with some of the new product development market players expect a return of 17% on the stock the firm has decided to maintain a plowback ratio of 30% for the coming year earnings for the current year are projected at 3.00 A) the stock should sell at a price of ___ and a a p/e ratio of ____ b) the present value of growth opportunities is ____ C) if JJ company decides to re-invest only 20% of its earnings the p/e ratio will be __ and the pvgo will be ___ D) an an equity analyst who closely follows this company you would suggest that the board increase decrease or not change the dividend payout ratio?