Assume Highine Company has jst paid an annual dividend of $094 Analysts are predicting an 11.7% per year growth rate in eamings over the next fve years Aher then, Highine's eamings are expected to grow at the ouret industry average of 4.8% per year. If Highline's eqity cost of capital is 8.5% per year and is dividend payout ratio remains constant, for whal price does thee dividend discount model predict Highine stock shodd sel? The value of Highline's stock is $ (Round to the nearest cent) Assume Highline Company has just paid an annual dividend of $0.94. Analysts are predicting an 11.7 % per year growth rate in eanings ove of 4.8% per year. If Highline's equity cost of capital is 8.5% per year and its dividend payout ratio remains constant, for what price does the di The value of Highline's stock is $ (Round to the nearest cent.) predicting an 11.7 % per year growth rate in earnings over the next five years. After then, Highline's eamings are expected to grow at the current industry average d payout ratio remains constant, for what price does the dividend-discount model predict Highline stock should sell