The market consensus is that Analog Electronic Corporation has an ROE$=12\%,$ a beta of $1\mathrm{.}75,$ and plans to maintain indefinitely its

traditional plowback ratio of $\frac{1}{4}.$ This year's earnings were $$2\mathrm{.}00$ per share. The annual dividend was just paid. The consensus

estimate of the coming year's market return is $13\%,$ and T$-$bills currently offer a $6\%$ return.

a$.$ Find the price at which Analog stock should sell. $($Do not round intermediate calculations. Round your answer to $2$ decimal

places. Omit the $"$$$"$ sign in your response.$)$

Price $,$$

b$.$ Calculate the $\frac{P}{E}$ ratio. $($Do not round intermediate calculations. Round your answers to $2$ decimal places.$)$

c$.$ Calculate the present value of growth opportunities. $($Negative amount should be indicated by a minus sign. Do not round

intermediate calculations. Round your answer to $2$ decimal places. Omit the $"$$$"$ sign in your response.$)$

PVGO $,$$

d$.$ Suppose your research convinces you Analog will announce momentarily that it will immediately reduce its plowback ratio to $\frac{3}{4}.$

Find the intrinsic value of the stock. $($Do not round intermediate calculations. Round your answer to $2$ decimal places. Omit the $"$$$"$

sign in your response.$)$

Intrinsic value $

e$.$ This part of the question is not part of your Connect assignment.