The market consensus is that SuperSmart Corporation has ROE = 15% and a beta of 1.2, and an expected earnings per share (E1) of $3.6. The market believes that Super Smart Corporation plans to maintain indefinitely its retention ratio (b) of 70%. The expected market return for the coming years is 11%, and risk free assets (10-year Treasury notes) are yielding 3%. 3 (a) Find the intrinsic value estimate of SuperSmart stock according to the constant growth DDM. (b) Calculate the present value of growth opportunities