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highlight final answers plz Friedman Steel Company will pay a dividend of $5.20 per share in the next 12 months (D1). The required rate of

highlight final answers plz
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Friedman Steel Company will pay a dividend of $5.20 per share in the next 12 months (D1). The required rate of return (Ke) is 14 percent and the constant growth rate is 7 percent. (Each question is independent of the others. Round the final answers to 2 decimal places.) a. Compute P0 Price of common share b. Assume Ke the required rate of return. goes up to 20 percent, what will be the new value of PO? New price of common share c. Assume the growth rate (g) goes up to 10 percent, what will be the new value of P0 ? New price of common share d. Assume D1 is $6.10, what will be the new value of P0 ? New price of common share

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