#8 (Chapter 10) Saved Help Save Friedman Steel Company will pay a dividend of $3.75 per share in the next 12 months (D). The required rate of return (K) is 16 percent and the constant growth rate is 6 percent. (Each question is independent of the others. Round the final answers to 2 decimal places.) a. Compute pe Price of common share $ b. Assume ke, the required rate of return, goes up to 19 percent, what will be the new value of Po? New price of common share $ C. Assume the growth rate (g) goes up to 10 percent, what will be the new value of Po? New price of common share $ d. Assume D, is $5.00, what will be the new value of Po? New price of common share SI to search