Integrative-Risk and valuation Giant Enterprises' stock has a required return of 16.3%. The company, which plans to pay a dividend of $2.05 per share in the coming year, anticipates that its future dividends will increase at an annual rate consistent with that experienced over 2013-2019 period, when the following dividends were paid: : a. If the risk-free rate is 6%, what is the risk premium on Giant's stock? b. Using the constant-growth model, estimate the value of Giant's stock. (Hint: Round the computed dividend growth rate to the nearest whole percent.) c. Explain what effect, if any, a decrease in the risk premium would have on the value of Giant's stock. a. If the risk-free rate is 6%, the risk premium on Giant's stock is %. (Round to one decimal place.) i Data Table in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Year 2019 2018 2017 2016 2015 2014 2013 Dividend per Share $1.95 $1.86 $1.77 $1.69 $1.61 $1.53 $1.46 Print Done