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) COOL THE PLANET (Ticker: CTP) is a publicly-listed company that will generate earnings per share of $10 next year and the payout ratio will

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) COOL THE PLANET (Ticker: CTP) is a publicly-listed company that will generate earnings per share of $10 next year and the payout ratio will be 75%. Shareholders require a return of 8% and CTP will generate a return on equity of 10%. a. What is the expected dividend growth rate? b. What is the current stock price? c. What is the current net present value of growth opportunities (NPVGO)? d. What is the dividend yield? e. What will be the current stock price if return on equity increases to 12% in year 3 and thereafter

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