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capital. (1 mark). (D)The Octal Software's common stock is currently trading for 75.00 per share. The stock is expected to pay a 5.0 dividend at

capital. (1 mark). (D)The Octal Software's common stock is currently trading for 75.00 per share. The stock is expected to pay a 5.0 dividend at the end of the year and the Octal Software's equity cost of capital is 13%. If the dividend payout rate is expected to remain constant, then calculate the expected growth rate in the Octal Software's earnings. (1 mark)

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