0 IntegrativeRisk and valuation Giant Enterprises' stock has a required return of 8.2%. The company, which plans to pay a dividend of $1.69 per share in the coming year, anticipates that its future dividends will increase at an annual rate consistent with that experienced over 2009-2015 period, when the following dividends were paid: E a. If the risk-free rate is 5%, what is the risk premium on Giant's stock? b. Using the constant-growth model, estimate the value of Giant's stock. (Hint: Round the computed dividend growth rate to the nearest whole percent.) c. Explain what effect, if any, a decrease in the risk premium would have on the value of Giant's stock. a. If the risk-free rate is 5%, the risk premium on Giant's stock is % (Round to one decimal place.) i Data Table b. Using the constant-growth model, the value of Giant's stock is $ . (Round to the nearest cent.) c. Explain what effect, if any, a decrease in the risk premium would have on the value of Giant's stock. (Select from the drop-down menus.) A decrease in the risk premium would the required rate of return, which in turn would the price of the stock (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Year Dividend per Share a 2015 $1.59 2014 $1.50 2013 $1.42 2012 $1.34 2011 $1.26 2010 $1.19 2009 $1.12 Print Done