A stock is currently selling for $250 per share. The next year's (t = 1) estimated earnings per share (EPS) of the company is $16. The required rate of return on the stock is 8%. The company will maintain a dividend payout ratio of 45%. Assume that the stock is fairly valued. A. What is the stock's value of assets in place? B. What percentage of the stock price is represented by its growth opportunities? C. According to the constant growth DDM, what is the implied growth rate of dividends?

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