Measuring growth) Solarpower System med 20 per share of the beginning of the year and paid out 510 in dividends to shareholders (0, D 510) and retained $10 to invest in new projects with an expected return on equally of 21 percent in the future, Solarpower expects to retain the same dividend payout ratio expects to earn a return of 21 percent on its equity invested in new projects and will not be changing the number of shares of common stock outstanding a. Calculate the future growth rate for Solarpower's earnings b. If the investors required to return for Solarpowersockis 14 percent, what would be the price of Solarpower's common stock? c. What would happen to the price of Solarpower's common stock if it raised its dividends to $12 and then continued with that same dividend payout ratio permanently? Should Solarpower make this change? (Assume that the Investor's required rate of return remains al 14 percent) d. What would happened to the price of Solarpower's common stock if it lowered its dividends to $4 and then continued with that same dividend payout ratio permanently? Does the constant dividend growth rate model work in this case? Why or why not? Assume that the investor's required rate of return remains at 14 percent and that alature new project will eam 21 percent.) a. What is the future growth rate for Solarpower's earnings? % ( Round to be decimal places.) b. If the investor's required rate of return for Solarpower's stock is 14%, what would be the price of Solarpower's common stock? (Round to the nearest cent.) c. What would happen to the price of Solarpower's common stock it had raised is dividends to $120 - $12) and then continued with that same dividend payout ratio permanently? s (Round to the nearest cent) Click to select your