HELP ASAP

(Measuring growth) Green Gadgets Inc, is trying to decide whether to cut its expected dividend for next year from $6 per share to $3 per share in order to have more money to invest in new projects. If it does not out the dividend, Green Gadgets' expected rate of growth in dividends is 4 percent per year and the price of their common stock will be $105 per share. Howover, if it cuts its dindend, the dividend growth rate is expected to rise to 7 percent in the future. Assuming that the investor's required rate of refum for Green Gadgets' stock does not change, what would you expect to happen to the price of its common slock it it cuts the dividend to $3 ? Should Green Gadgets cut its dividend? Support your answer as best you can. a. What in the investor's recuired rate of return for Green Gadgets' slock? 4. (Round to two decimal placen)