XYZ corp expects to earn $$3\mathrm{.}5$ per share next year and plow back $28\mathrm{.}57\%$ of its earnings $($i$.$e$.,$ it expects to pay out a dividend of $$2\mathrm{.}5$ per share, representing $71\mathrm{.}43\%$ of its

earnings$).$ The dividends are expected to grow at a constant sustainable growth rate and the stocks are currently priced at $$30$ per share. How much of the stock's $$30$ price is

reflected in Present Value of Growth Opportunities $($PVGO$)$ if the investors' required rate of return is $20\%?$ &