You expect Seton Venture to have a ROE of 13%, a beta of 1.2, an expected earnings per share (E1) of $1.68, and a stable dividend payout ratio of 42%. The expected market risk premium is 10%, and the 10-year Treasury note yield is 1.8%. a) Calculate the intrinsic value estimate of Seton Venture stock (Vo) according to the constant growth DDM. b) Calculate the Present Value of Growth Opportunities (PVGO). c) Calculate the justifiable forward P/E and trailing P/E according to the constant growth DDM. d) If the expected ROE for Seton Venture has been revised downward from 15% to 13%, recalculate the Vo, PVGO, and the justifiable forward P/E and trailing P/E. Discuss whether these changes in V, PVGO, and the justifiable forward P/E and trailing P/E are consistent with the concepts that we learned from class. You expect Seton Venture to have a ROE of 13%, a beta of 1.2, an expected earnings per share (E1) of $1.68, and a stable dividend payout ratio of 42%. The expected market risk premium is 10%, and the 10-year Treasury note yield is 1.8%. a) Calculate the intrinsic value estimate of Seton Venture stock (Vo) according to the constant growth DDM. b) Calculate the Present Value of Growth Opportunities (PVGO). c) Calculate the justifiable forward P/E and trailing P/E according to the constant growth DDM. d) If the expected ROE for Seton Venture has been revised downward from 15% to 13%, recalculate the Vo, PVGO, and the justifiable forward P/E and trailing P/E. Discuss whether these changes in V, PVGO, and the justifiable forward P/E and trailing P/E are consistent with the concepts that we learned from class