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fin Trend-Line Inc. has been growing at a rate of 5% per year and is expected to continue to do so indefinitely. The next dividend

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Trend-Line Inc. has been growing at a rate of 5% per year and is expected to continue to do so indefinitely. The next dividend is expected to be S8 per share If the market expects a 10% rate of return on Trend-Line, at what price must it be selling? (Do not round intermediate calculations.) If Trend Line's earnings per share will be 11. what part of Trend-Line's value is due to assets in place, and what part to growth opportunities? (Do not round intermediate calculations.)

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