Use the net present value of growth opportunities model for stock. the following information is available for timberland corporation. earnings per share for the period ending at time 1 is $8.00. dividends per share for the period ending at time 1 is $5.00. the rate of return on equity is 13%. The required rate of return on equity is 10%. What is the numerical value of the net present value of growth opportunities per share at time 0? Show your work.