I need the answers please, I'll leave a like.

DFB, lnc. expects eamings next year of $5.76 per share, and in plans to pay a $3.57 dividend to shareholders (assume that is coe year from now). DFB will retain $2.19 per share of its eamings to reinvest in new projects that hive an expected return of 15.5\% per year, Suppose DFE will maintain the sanie dividend peyout tate, retention raie, and refum on new investments in the fiture and will not change its number of oustanding shares. Assume naxt dvidend is due in one year W. What growh rate of earnings would you forecast for bFB? b. If DFB's equity cost of capital is 12.9%, what price would you estimate tor DFB stock foday? c. Suppose instead that DFE paid a dividend of $4.57 per thare at the end of eis year and retained onty $1.10 per share in eamings. That is, it chose to pay a higher dividend instend of toimesing in as many new projects. If DFB maintains this higher payout rate in the fuswe, what stock price would you nstimate for the firm now? Should DFB rase is dividend