ACTS 368: MATHEMATICAL CORPORATE FINANCE II ASSIGNMENT 3 Question One a). The Logan Corporation currently has earnings that are GHC4.00 per share. In recent years earnings have been growing at a rate of 7.5%, and this rate is expected to continue in the future. If the Logan Corporation has a retention rate of 40% and a required rate of return of 14%, what is its current value? b). The Evans Company is expecting earnings per share next year to be $5. If earnings have been growing at a rate of 8 percent per year in the past and this growth is expected to continue in the future, determine the current required rate of return for this company's stock. Assume a dividend payout of 60percent and a current price of $65