Finite horizon RI model Consolidated Pipe Products has a required rate of return of 8%. The current book value is $5.00. Earnings forecasts for 2009, 2010, and 2011 are $0.90, $0.90, and $0.80, respectively. Dividends in 2009 and 2010 are forecasted to be 0.50 and 0.50, respectively. The dividend in 2011 is a liquidating dividend, which means that Consolidated will pay out its entire book value in dividends and cease doing business at the end of 2011. Calculate the value of Consolidated's stock using the residual income model. a. The residual income for the first year is: $ Number Round your answer to two decimals b. The book value per share in the second year is: $ Number Round your answer to two decimals c. The value of the company is: $ Number Round your answer to two decimals