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help with B please P7-21 (similar to) Question Help Management action and stock value REH Corporation's most recent dividend was $1.98 per share, its expected

help with B please image text in transcribed
P7-21 (similar to) Question Help Management action and stock value REH Corporation's most recent dividend was $1.98 per share, its expected annual rate of dividend growth is 5%, and the required return is now 15%. A variety of proposals are being considered by management to redirect the firm's activities. Determine the impact on share price for each of the following proposed actions. a. Do nothing, which will leave the key financial variables unchanged. a. If the firm does nothing that will leave the key financial variables unchanged, the value of the firm will be $ 20.79. (Round to the nearest cent.) b. If the firm invests in a new machine that will increase the dividend growth rate to 8% and lower the required retum to 14%, the value of the firm will be $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check

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