The FI Corporation$$s dividends per share are expected to grow indefinitely by $5\%$ per year.

Required:

If this year$$s year$-$end dividend is $$6\mathrm{.}00$ and the market capitalization rate is $8\%$ per year, what must the current stock price be according to the DDM$?$

Note: Round your answer to $2$ decimal places.

If the expected earnings per share are $$15\mathrm{.}00,$ what is the implied value of the ROE on future investment opportunities?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

How much is the market paying per share for growth opportunities $($i$.$e$.,$ for an ROE on future investments that exceeds the market capitalization rate$)?$