Problem $7-40$ Growth Opportunities $($LO$2)$

Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is $10\%.$ Its expected earnings this year are $$4$ per share. Complete the following table.

Note: Leave no cells blank. Enter a zero, wherever necessary. Do not round intermediate calculations. Enter the growth rate as a whole percent.

$\backslash$table$[[,\backslash$table$[[$Plowback$],[$Ratios$]],$Growth Rate,Stock Price,P$/$E Ratio,$],[$a$.,0,,\%,,],[$b$.,0\mathrm{.}40,,\%,,],[$c$.,0\mathrm{.}80,,\%,,]]$