4. XYZ, Inc., is expected to pay dividends equal to 22% of earnings. Green's ROE is 21%. Calculate its sustainable growth rate. 5. Calculate the dividend growth rate of a stock that just paid a dividend of $2.20 and has a market value of $36.89. The required rate of return is 9%. 6. ASannata Ltd has expected earnings of next year of $8.10 and pays 50% of its earnings every year as dividends. It has an expected rate of return of 6.9% and return on reinvestment of 6.9%. Calculate the price of its stock. Recalculate stock price when return on reinvestment is 8%.