Consider two companies, Billburr inc., and Command Assets Itd, each with expected earnings in the coming year of E5 per share. Both companies could, in principle, pay out all of these earnings as dividends, maintaining a perpetual dividend flow of $5 per share. (a) If the market capitalization rate were k = 12.5%, calculate the value per share of these two companies. (b) After this payout in dividend would either of these firms grow in value and why? Suppose now, one of the two firms, Command Assets, engages in growth projects that generate a return on investment of 15%. (c) How should Command Assets manage it's plowback ratio in order to grow the company's stock value, why