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D ETA SSO Portal vAI9 OPS . Prod . 15.14. D My Photos Help Se Consolidated Pasta is currently expected to pay annual dividends of

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D ETA SSO Portal vAI9 OPS . Prod . 15.14. D My Photos Help Se Consolidated Pasta is currently expected to pay annual dividends of $10 a share in perpetuity on the 27 million shares that are outstanding Shareholders require a rate of return of 10% from Consolidated stock a. What is the price of Consolidated stock? (Do not round intermediete calculations) b. What is the total market value of its equity? (Enter your answer in millions.) value of equity Consolidated now decides to increase next years dividend to $20 a share , without changing its investment or borrowing plans will revert to its policy of dismibutino St0 miltion a year c. How much new equity capital wil the company need to raise to finance the extra dividend payment? (Enter your answer in milions.) Pre2 of 3 Next > BNC 5 6 7 8 9 0 ENT

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