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Additional Problem 13.6 Dishwasher's Delights plows back 68.50% of its earnings to take on projects that earn the firm a 13.50% rate of return. Dishwasher's

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Additional Problem 13.6 Dishwasher's Delights plows back 68.50% of its earnings to take on projects that earn the firm a 13.50% rate of return. Dishwasher's stockholders require a return of 12.00% return on their common stock. Earnings per share are expected to be $5.00 next year. Required: o. What is the expected growth rate for Dishwasher's common stock? (Do not round intermediote colculotions. Round your onswer to 2 decimal places.) b. What is the expected dividend next year? (Do not round intermediote colculations. Round your onswer to 2 decimal places.) c. What is the intrinsic value of Dishwasher's stock? (Do not round intermediate calculotions. Round your answer to 2 decimal places.) d. If Dishwasher's managentent chose to pay out all earnings as dividends, what would be the intrinsic value of its stock? (Do not round intermediote colculotions. Round your answer to 2 decimol ploces.) e. What is the present value of growth opportunities for Dishwasher's Delights? (Do not round intermediote calculetions. Round your onswer to 2 decimal ploces.)

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