Web Cites Research projects a rate of return of $20\%$ on new projects. Management plans to plow back $30\%$ of all earnings into the firm. Earnings this year will be $$4$ per share, and investors expect a rate of return of $10\%$ on stocks facing the same risks as Web Cites.

What is the sustainable growth rate?

What is the stock price?

What is the present value of growth opportunities $($PVGO$)?$

What is the P$/$E ratio?

What would the price and P$/$E ratio be if the firm paid out all earnings as dividends?

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.