Suppose Blue Jay Enterprises is all equity financed (they have no outstand- ing debt), has asset worth $200 million and an ROE of 7%. Blue Jay also has $2 million shares outstanding and a plowback ratio of b 60%. Suppose its market capitalization rate is 5% (k = .05). = (A) What is Blue Jay's earnings per share? What is the price of Blue Jay's stock? (B) What is its dividend growth rate, g? (C) What is its price one year from now (assume dividends are paid annu- ally)? (D) What plowback ratio would maximize Blue Jay's stock price? (E) Redo questions (a) (d) but under two different assumptions: (i) a ROE of 7%, and (ii) an ROE of 4%