Maynard steel plans to pay a dividend of $3.00 this year. The company has an expected eamings growth rate of 40% per year and an equity cost of captal of 3. Assuming that Maynard's divdend payout rate and expected growth rate remain constant, and that the firm does not issue or repurchase shares, estimate 100% Maynard's share pnce b. Suppose Maynard decides to pay a dwidend of $1,00 this year and use the remaining $2.00 per share to repurctiase shares if Maynards total payout rate temains constant, estimate Maynard's share price a. Assuming that Maynards dividend payout rate and expected growth rate remain constant, and that the firm does not issue or repurchase shares, estimate. Maynard's share price Maynard's share price wiil be $ (Round to the nearest cent)