DFB, Ine, expeats eamings next year of $8 per share, and iz poans to pey a $3 dividend to sharehoidern (assume that is one yeer from nom). DFB will retain 53.00 per share of its aamings to rein change is number of outsianding shaces. Assume that the noxt dividend is due in cone year. a. What growth rate of earnings would you forecalt for DFB? b. If DFB's eqaity cost of capinal is 13\%, what prich would you epturele for DFE ntoek? d. Should DF invest less in order in harese its dividend? a. DFE's growth raie of eamings is (Re. (Round to one decimal place.) b. If DFB's equty cost af capitai is 13%, then DFBrs slock price will be \& (Round to the noarnst cont) c. If DFB inslead paid a dividend of $4.5 per share next year and retained only $1.50 per chare in eamings, then DFBis new stock price would be 1 (Rhound to the nearest cant.) d. Should DF C irvest less in order to increase ths dividend? A. No B. Yes