DFB, Inc. expects earnings next year of $6 per share, and it plans to pay a $2.8 dividend to shareholders (assume that is one year from now). DFB will retain $3.20 per rate, and return on new investments in the future and will not change its number of outstanding shares. Assume that the next dividend is one year. a. What growth rate of earnings would you forecast for DFB? b. If DFB's equity cost of capital is 9%, what price would you estimate for DFB stock? price would you estimate for the firm now? d. Should DFB invest less in order to increase its dividend? a. DFB's growth rate of earnings is \%. (Round to one decimal place.) b. If DFB's equity cost of capital is 9%, then DFB's stock price will be $ (Round to the nearest cent.) nearest cent.) d. Should DFC invest less in order to increase its dividend? A. No B. Yes