The FI Corporation's dividends per share are expected to grow indefinitely by $6\%$ per year.

Required:

a$.$ If this year's year$-$end dividend is $$8\mathrm{.}00$ and the market capitalization rate is $10\%$ per year, what must the current stock price be according to the DDM$?$

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

b$.$ If the expected earnings per share are $$16\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.

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

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

$\backslash$table$[[$a$.$ Current stock price,$\backslash$table$[[$$$$,200\mathrm{.}00]],],[$b$.$ Value of ROE,,$\%$