Katy Perry's shoe company has very unpredictable dividends. Knowing that the shoe industry price-earnings ratio is 0.74 and earnings per share are currently $22.77, what do you expect th price to be today? Question 7 10 Lundquist Business Co. paid an annual dividend of $2.92 per share last year. Management just announced future dividends will increase by 3% annually. What is the amount of the expected dividend in year 9