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Assume that Coca-Cola Company has a share price today of $43.81. The firm will pay a dividend of $1.38 in one year, and you expect

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Assume that Coca-Cola Company has a share price today of $43.81. The firm will pay a dividend of $1.38 in one year, and you expect Coca-Cola to raise this dividend by approximately 6.4% per year in perpetuity. a. If Coca-Cola's equity cost of capital is 8.4% what share price would you expect based on your estimate of the dividend growth rate? Coca-Cola's price per share should be $ (Round to the nearest cent) b. Given Coca-Cola's share price, what would you conclude about your assessment of Coca-Cola's future dividend growth? Given Coca-Cola's share price today, its dividend growth rate should be %. (Round to two decimal places.)

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