HW Score: 50.60, 22.75 0 40 pc O P 7-21 (similar to) Question Help Hallford Corporation aspects to have earnings this coming year of 2.852 per share. Halford plans to retain all of its earnings for the next two years. Then, for the subsequent two years, the firm will retain 15% of its caming.tw retain 17% of its earnings from that point onward. Each year, retained earings will be invested in new projects with an expected return of 22 9% per year. Any carings that are not retained will be paid out as dividendes some Haliford's share count remains constant and all earnings growth comes from the investment of retained comings I Halford's equally cost of capital is 88%, what price would you estimate for Halilord stock? The stock price will be s Round to the nearest cent)