(Related to Checkpoint 102) (Relative valuation of common stock) Using the Pre ratio approach to valuation calculate the value of a share of stock under the following conditions the investor's required rate of roumis 12 porcon . the expected level of earrings at the end of this your (4) 54 the tem follows a policy of retaining 30 percent of its earnings than one (ROAK 15 cent and a. The stock price using the PE ratio valuation method is $(Round to the nearest cont) b. The stock price using the dividend discount model is $ (Round to the nearest cant) NIVULJILuwu U12 PURE the expected level of earnings at the end of this year (Ex) is $4 the firm follows a policy of retaining 30 percent of its earnings, the return on equity (ROE) is 15 percent and Similar shares of stock sell at multiples of 9.333 times earnings per share Now show that you get the same answer using the discounted dividend model a. The stock price using the P/E ratio valuation method is $(Round to the nearest cent) b. The stock price using the dividend discount model is $|| (Round to the nearest cent)