PLEASE ANSWER ALL QUESTIONS

The Cipper Sailboat Compary is expected to eam $5 per thare next year. The company will have a return on equity of 17 percect and the company wal grow 5 percent is tha future. The company has a cost of equity of 15 percent. Given that informatien, answer the following questions. a. What is the value of the company's stock? Do not round intermediate calculations. Round your answer to the nesiest cent, 5 D. What is the present value of the growth opportunity? Do not round intermediate caloulations. Round your answer to the nearest cent. 4 c. Assume that the growth rate is only 4 percent. What would the appropriate P/E multiple be for this stock? Do not round insermediate calculatons, Round your andiner is two cecimal places