Question: Hello, I have been able to work out my homework question except for 2 small parts (with question marks)... Stormy Weather has no attractive investment

Hello,

I have been able to work out my homework question except for 2 small parts (with question marks)...

Stormy Weather has no attractive investment opportunities. Its return on equity equals the discount rate, which is 5%. Its expected earnings this year are $3 per share. Complete the following table.

Plowback Ratios Growth Rate Stock Price P/E Ratio

a. 0 0 % $60 20

b. 0.40 ? % $60 20

c. 0.80 ? % $60 20

Not sure where my answer is going wrong?

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