Problem 7-20 Constant-Growth Model (LO2) Metatrend's stock will generate earnings of $2 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: (1) 0%; (ii) 40%; (ii) 60%. (Do not round intermediate calculations. Enter the growth rates as a whole percent) Reinves of Earnings 40% 60% rate of b Redo part (a) now assuming that the rate of retu 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.) of Earningts 40% 0% 60.00