L& S$,$ Inc., $($today$)$ expects to earn $$2\mathrm{.}5$ per share for each of the future operating periods $($beginnings at time $1)$ if the firm makes no newinvestments and returns the earnings as dividends to the shareholders. However, Ahmad, president and CEO, has discovered an opportunity toretain and invest $40$ percent of the earning beginning next year. This opportunity to invest will continue for each period indefinitely. He xpects toearn$\mathrm{.}20$ percent on this new equity investment, the return beginning one year after each investment is made. The firm's equity discount rate is $16.$percent throughout $?$what is the price per share of L& S$,$ Inc., stock without making the new investment.a If the new investment is expected to be made, per the preceding information, what would the price of the stock be now $.$b$.$What is the NPVGO $($net present value of growth opportunity$)$per share.c