Upon graduation you will start work for a high growth company, Illogical Supplies. When you start work, the company is expected to have book equity of $200 per share, and is expected to have a return on equity (ROE) of 60% for the first 8 years. After the first 8 years after you join, the companys return on equity (ROE) is expected to be 14% per year. The company currently pays out 30% of its earnings in dividends each year (and will for the first 8 years) and is expected to pay out 80% of its earnings once its return on equity (ROE) falls to 14%. (a) What will the share price be when you begin work if the appropriate discount rate is 14%? (b) What will the share price be when you begin work if the appropriate discount rate is 11%?