Shield Corp. expects an earnings per share of $$1\mathrm{.}34$ and reinvests $30\%$ of its earnings. Management projects a rate of return of $2\%$ on new projects and

investors expect a $5\%$ rate of return on the stock.

What is the price of the stock with growth?

Enter your response below rounded to $2$ DECIMAL PLACES.

Correct response: $21\mathrm{.}32+-0\mathrm{.}02$

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Given that the price of the stock with growth is $$21\mathrm{.}32,$ what is the present value of growth opportunities $($PVGO$)?$

Enter your response below rounded to $2$ DECIMAL PLACES.

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Section Attempt $1$ of $1$