Dorpac Corporation has a dividend yield of 2.2%. Dorpac's equity cost of capital is 7.9%, and its dividends are expected to grow at a constant rate. a. What is the expected growth rate of Dorpac's dividends? b. What is the expected growth rate of Dorpac's share price? a. What is the expected growth rate of Dorpac's dividends? Dorpac's expected dividend growth rate is \%. (Round to one decimal place.) b. What is the expected growth rate of Dorpac's share price? Dorpac's expected share price growth rate is \%. (Round to one decimal place.) You notice that PepsiCo (PEP) has a stock price of $57.34 and EPS of $3.34. Its competitor, the Coca-Cola Company (KO), has EPS of $2.31. Estimate the value of a share of Coca-Cola stock using only these data. The value of a share of Coca-Cola stock is $. (Round to the nearest cent.) NoGrowth Corporation currently pays a dividend of $0.54 per quarter, and it will continue to pay this dividend forever. What is the price per share if its equity cost of capital is 13% per year? The price per share if its equity cost of capital is 13% per year is $ (Round to the nearest cent.)