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Here are data on two stocks, both of which have discount rates of 18% : a. What are the dividend payout ratios for each firm?

image text in transcribed Here are data on two stocks, both of which have discount rates of 18% : a. What are the dividend payout ratios for each firm? (Enter your answers as a percent rounded to 2 decimal places.) b. What are the expected dividend growth rates for each stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) c. What is the proper stock price for each firm? (Do not round intermediate calculations. Round your answers to 2 decimal places

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