Metatrend's stock will generate earnings of $5 per share this year. The discount rate for the stock is 10%, and the rate of return on reinvested earnings also is 10%. a. Find both the growth rate of dividends and the price of the stock if the company reinvests the following fraction of its earnings in the firm: 0%; 0 30% ) 40% (Do not round Intermediate calculations. Enter the growth rates as a whole percent.) Reinvestment of Earnings 0% Growth rate of dividends Stock price b. Redo part (a) now assuming that the rate of return on reinvested earnings is 15%. What is the present value of growth opportunities (PVGO) for each reinvestment rate? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Reinvestment of Earnings 30% 40% 0% PVGO