The FI Corporation's dividends per share are expected to grow indefinitely by 5% per year. Required: a. If this year's year-end dividend is $6 and the market capitalization rate is 8% per year, what must the current stock price be according to the dividend discount model? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If the expected earnings per share are $12, what is the implied value of the ROE on future investment opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. How much is the market paying per share for growth opportunities (that is, for an ROE on future investments that exceeds the market capitalization rate)? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Even Better Products has come out with an even better product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 0.40 . Its earnings this year will be $3 per share. Investors expect a 14% rate of return on the stock. Required: a. At what price and P/E ratio would you expect the firm to sell? (Do not round intermediate calculations. Round your answers to 2 decimal places.) b. What is the present value of growth opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. What would be the P/E ratio and the present value of growth opportunities if the firm planned to reinvest only 30% of its earnings? (Do not round intermediate calculations. Round your answers to 2 decimal places.) Required: Jand, Incorporated, currently pays a dividend of $1.30, which is expected to grow indefinitely at 4%. If the current value of Jand's shares based on the constant-growth dividend discount model is $32.41, what is the required rate of return? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Required: Deployment Specialists pays a current (annual) dividend of $1 and is expected to grow at 24% for two years and then at 7% thereafter. If the required return for Deployment Specialists is 10.5%, what is the intrinsic value of its stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.)