Ed Noel Corporation just paid its annual dividends of Php1.80 per share. The required return for the common stock is 12%. Determine the value of the common stock if dividends are expected to grow at a rate of 5% for the next 3 years and followed by a growth rate of 4% in the succeeding years. (Numerical answers only with two decimal places) Question 4 10 pts An investor is currently evaluating the value of Ed Noel Corporation. Ed Noel corporation currently have an existing debt of Php12,500,000. The company's future free cash flow are as follows After year 4 , the company is expecting its free cash flow to grow at 4% annually. Determine the value per share of the company if the weighted average costs of capital is 10%. The company currently have 500,000 common shares outstanding