You are a financial analyst and you have the following information for Dominion Tech Company. Dominion Tech Company’s stock is currently valued at $35. The dividend payout ratio is 40% and the dividend growth rate is 10%. The last twelve-month earnings were $4 per share. The annual dividend was just paid. 1a. What is the Leading P0/E1 ratio? What is the trailing 12 months P0/E1 ratio? 1b. What is PVGO? 1c. Suppose your research convinces you that Dominion will announce momentarily that it will immediately change its dividend payout ratio to 60%. Find the intrinsic value of the stock.