The market consensus is that. Analog Electronic Corporation has an ROE = 9% and a beta of 1.70. It plans to maintain indefinitely its traditional plowback ration of 1/3. This year's earnings were $3.6 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 15%, and T-bills currently offer a 5% return. Find the price at which Analog stock should sell. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Calculate the P/E ration. (Do not round intermediate calculations. Round your answers to 2 decimal places.) 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.) Suppose your research convincers you Analog will announce momentarily that it will immediately reduce its plowback ration to 2/3. Find the intrinsic value of the stock. (Do not round intermediate calculations. Round your answer to 2 decimal places.)