8. Business has been good for Keystone Control Systems, as indicated by the four-year growth in earnings per share. The earnings have grown from $1.00 to $3.51. a. Determine the compound annual rate of growth n earnings n-4). Do not round Intermediate calculations. Input your answer as a percent rounded to 2 emal plac Compound annual rate of growth 36 88 b. Based on the growth rate determined in part a, project eamings for next year (E,). (Do not round intermediate calculations. Round your answer to 2 decimal places.) E1 $ 1.37 c. Assume the dividend payout ratio is 45 percent. Compute D. (Do not round intermediate calculations. Round your answer to 2 decimal places.) D1 $ 0.62 d. The current price of the stock is $20. Using the growth rate (g) from part a and D, from part c, compute Ke. (Do not round intermediate calculations. Input your answer as a O Type here to search 11:05 8/13/20