The market consensus is that Analog Electronic Corporation has an ROE = 12%, a beta of 1.70, and plans to maintain indefinitely its traditional plowback ratio of 1/3. This year's earnings were $2.10 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 12%, and T-bills currently offer a 5% return. a. Find the price at which Analog stock should sell. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price b. Calculate the P/E ratio. (Do not round intermediate calculations. Round your answer to 2 decimal places.) PIE Ratio Leading Trailing