Use the following information for the next two questions. The book value per share for Panorama Inc. was $16.16 at the end of 2019 and is expected to earn an EPS of $10.75 in 2020. Question 11 (4 points) Sofia's required return for investing in the share of this firm is 35%. what is the expected earnings growth rate for residual earnings after 2020 that is implied by a market price of $205? 18.91% 25.73% 28.08% 32.23% Question 12 (4 points) If Sofia expects subsequent growth in residual earnings to be at a rate of 31% per year, what is the expected return from buying this stock at a market price of $110? 3792% 28.17% 36.22% 35,58% Internet connection lost. No longer saving answers