The market consensus is that Dynamic Technology Corporation has an ROE = 12%, has a beta of 1.20, and plans to maintain indefinitely its traditional plowback ratio of 60%. This year's earnings were $2 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 10%, and T-bills currently offer a 4% return. Find the price at which Dynamic Technology stock should sell. Calculate the P/E ratio. Calculate the present value of growth opportunities. If Dynamic Technology reduces its plowback ratio to 30%. Find the intrinsic value of the stock