The market consensus is that Analog Electronic Corporation has an ROE of 9% and a beta of 1.65 . It plans to maintain indefinitely its traditional plowback ratio of 2/3. This year's earnings were $28 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 14%, and T-bills currently offer a 6% return. Required: a. Find the price at which Analog stock should sell. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Calculate the P/E ratio. (Do not round intermediate calculations. Round your onswers to 2 decimal places.) c. Calculate the present value of growth opportunities. (Negative omount should be indicoted by a minus sign. Do not round intermediate calculations. Round your answer to 2 decimal places.) d. Suppose your research convinces you Analog will announce momentarily that it will immediately reduce its plowback ratio to 1/3. Find the intrinsic value of the stock. (Do not round intermediote calculations. Round your answer to 2 decimal places.)