PLEASE ANSWER THIS QUESTION

The current risk-free rate is 4 percent and the market risk premium is 5 percent. You are trying to value ABC.company and it has an equity beta of 0.8. The company earned 53.00 per share in the year that just ended. You expect the compary's earnings to grow 4 percent per year. The company has an R.OE of 14 percent. a. What is the value of the stock? Do not round intermediate calculations. Round your answer to the nearest cent. 5 b. What is the present value of the growth opportunity? Do not round intermediste calculations. Round your answer to the nearest cent