help

wouldnt it be 5/0.16-0.09

Dubai Metro's stock price was at $90 per share when it announced that it will cut its dividend for next year from $9 per share to $5 per share, with additional funds used for expansion. Prior to the dividend cut, Dubai Metro expected its dividends to grow at a 6 percent rate, but with the expansion, dividends are now expected to grow at 9 percent. How do you think the announcement will affect Dubai Metro's stock price? What is the investor's required rate of return for Dubai Metro's stock? 16% (Round to two decimal places.) What would be the price of Dubai Metro's stock if they cut the dividend to $5? $31.2 (Round to the nearest cent.)