Trend$-$Line Incorporated has been growing at a rate of $5\%$ per year and is expected to continue to do so indefinitely. The next dividend is expected to be $$8$ per share.

If the market expects a $15\%$ rate of return on Trend$-$Line, at what price must it be selling?

Note: Do not round intermediate calculations.

If Trend$-$Line$$s earnings per share will be $$9$ next year, what part of its value is due to assets in place?

Note: Do not round intermediate calculations.

If Trend$-$Line$$s earnings per share will be $$9$ next year, what part of its value is due to growth opportunities?

Note: Do not round intermediate calculations.