WXB Inc. has earnings$/$share $($EPS$)$ of $$7($next year$),$ a discount rate $=10\mathrm{.}5\%$ and a return on projects $=13\mathrm{.}5\%$; contrast the difference between paying out all earnings and retaining $65\%$ for projects $($i$.$e$.,$ calculate the PVGO$).$