Calculate the Present Value of Growth Opportunities [PVGO] based on: Earnings Per Share = $8.00, Required Rate of Return = 14%, Dividends Per Share = $1.50, Return on Equity = 16%. (20) Calculate duration for a bond based on the following: time to maturity = 7 years, required rate of return = 8.25% and coupon rate = 3.75%.

(a) 5.164
(b) 5.768
(c) 5.984
(d) 6.164
(e) 6.262 6
(f) 6.468