PVGO - Question 8c) in EOC therefore, anything, question

smuggycfa

In Reading 33 DDM it states that to calculate PVGO use this formula
Vo = E1/r + PVGO
So i took E1 as Earnings at time 1
In question 8 of the EOC’s (page 174) we have calculated in a) that the sustainable growth rate is 8.4% therefore there is growth in this company. My question is then why are we in c) assuming that this is a ‘non growth company (according to the answers). The question doesn’t say anything about it being a non growth company.
When i answered this I grew the earnings by the growth rate i.e
$2 (1.084)/0.11
When do you know to assume that the company is a growth or non growth company?