The market consensus is that Grandma Corporation has an ROE 9%, has a beta of 1.25, and plans to maintain indefinitely its traditional dividend payout ratio of 1/3. This year's earnings were $3 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. Question 7 1 pts 7. Calculate the present value of growth opportunities. -$9.275 -$8.15 $8.15 O $9.275