Future Value od S1. FV IIF FV - PV1 1+1e Set PV1 Set PWIT 0 a. Determine the compound annual rate of growth in earnings (n=7). Use (Round the final answer to 2 decimal places.) Compound annual rate of growth % b. Based on the growth rate determined in part a, project earnings for next year (El). (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) E1$ c. Assume the dividend payout ratio is 35 percent. Compute D1. (Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) D1$ d. The current price of the stock is $16. Using the growth rate (g) from part a and D1 from part c, compute Ke. (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) Ke% e. If the flotation cost is $2.50, compute the cost of new common stock (Kn). (Round compound annual rate of growth to 2 decimal places. Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) Future Value od S1. FV IIF FV - PV1 1+1e Set PV1 Set PWIT 0 a. Determine the compound annual rate of growth in earnings (n=7). Use (Round the final answer to 2 decimal places.) Compound annual rate of growth % b. Based on the growth rate determined in part a, project earnings for next year (El). (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) E1$ c. Assume the dividend payout ratio is 35 percent. Compute D1. (Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.) D1$ d. The current price of the stock is $16. Using the growth rate (g) from part a and D1 from part c, compute Ke. (Round compound annual rate of growth to 2 decimal places. Round the final answer to 2 decimal places.) Ke% e. If the flotation cost is $2.50, compute the cost of new common stock (Kn). (Round compound annual rate of growth to 2 decimal places. Round intermediate calculations to 2 decimal places. Round the final answer to 2 decimal places.)