Intro Alberta Oilsands Inc. has a share price of $29 and an expected EPS of $7 next year. The company currently pays out 100% of earnings as dividends, but is considering a new policy of paying out just 60% of dividends. Retained earnings are expected to earn a return of 7%. Part 1 What is the cost of equity? 3+ decimals Submit Part 2 What will be the next dividend under the new policy? 2+decimals Submit BAttempt 1/6 for 5 pts. Attempt 1/6 for 5 pts. Attempt 1/6 for 5 pts. Part 3 What will be the growth rates of earnings and dividends under the new policy? 4+ decimals Submit Part 4 What will be the share price under the new policy? 1+ decimals Submit BAttempt 1/6 for 5 pts