urgent

The market consensus is that Analog Electronic Corporation has an ROE of 10% and a beta of 2.15 . It plans to maintain indefinitely its traditional plowback ratio of 3/4. This year's earnings were $3.9 per share. The annual dividend was just paid. The consensus estimate of the coming year's market return is 16%, and T-bills currently offer a 6% return. Required: a. Find the price at which Analog stock should sell. (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. Calculate the P/E ratio. [Leading P/E=PO/E1, Tralling P/E=PO/EO ] (Do not round intermediate calculations. Round your answers to 2 decimal places.) c. 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.) c. 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.) d. Suppose your research convinces you Analog will announce momentarily that it will immediately reduce its plowback ratio to 1/4. Find the intrinsic value of the stock. NOTE: assume that the immediate reduction in plowback ratio will impact next year's earings (i.e., E1). (Do not round intermediate calculations. Round your answer to 2 decimal places.)