XYZ Co. maintains a 60% dividend ratio and has a return on equity (ROE) of 10%. Yesterday, its stock price was $ 60 and the earnings per share (EPS1) was expected to be $ 10. Today, following a sudden announcement by the firm regarding its future prospects, the stock price jumped to $ 90 Given that: - After the price jump, you continue to expect that EPS1 will be $ 10. - The dividend ratio and rate of return expected by investors will remain the same. a) What is the new Present Value of Growth Opportunities (PVGO)? b) What is the revised ROE?