DataMaApp Expansion (11 marks) Ten years have passed, and DataMapp Inc. has grown to be a very successful company that Bob needs to expand. Recently, Bob decided to make DataMaApp public in order to raise capital for expansion. DataMaApp's most recent annual dividend was $1.64 per share and DataMaApp stock sells for $27 per share. DataMaApp as well as investors are confident the dividends will have a growth rate of 3% per year. What rate of return should be expected on DataMaApp stock? (4 marks). If an investor requires a rate of return of 10%, what growth rate will DataMaApp need to achieve? (3 marks). If DataMaApp can have a sustainable growth rate of 5% and a plowback ratio of 0.4, what rate of return is DataMaApp earning on its new investments? (4 marks) (Hint: These questions use Chapter 7 material)