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(Common-stock yaluation) Dubai Motro's stock price was at- $90 per share wheq it aninounced that if will cut its dividend for next year from 59

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(Common-stock yaluation) Dubai Motro's stock price was at- $90 per share wheq it aninounced that if will cut its dividend for next year from 59 per share 1055 per share, with addional finds used for expancion Prior to the dividind cut, Dubai Motro expected its dividenda to grow at a 4 percont ratec. but with the expansion, dividends are now expected to grow at 7 poreent. How do you think the announcement wif atfect Dubai Metro's stock price? a. What is the investor's required rate of return for Dubai Metro's stock? (Round to two docimal plinces.)

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