(Measuring growth) Solarpower Systems and 520 per share at the beginning of the year and paid out in dividends to shareholders (0 - $8) and retained $120 in new projects with an expected rotum on equity of 21 percent in the future, Solarpower expects to retain the same dividend payout ratio, expect to com a retum of 21 percent on sequity invested in new projects, and we not be changing the number of shares of common stock outstanding a. Calculate the Mure growth rate for Solarpowers camingo t. If the investor's required rate of return for Solarpower's stockis 14 percent, what would be the price of Solpower's common ock? What would happen to the price of Solarpower's common stock itets dividends to 512 and then continued with the same dividend payout ratio permanenty? Should Solar power make this change? (Assume that the investors required rate of return remains at 14 percent) d. What would happened to the price of Solarpower's common stock it lowered to dividends to stand the continued with that name dividend payout ratio permanently Does the constant avidad growth rate model work in this case? Why or why not? (Assume that the investors recured rate of retum remains a 14 percent and that a future new projects will earn 21 parcant) What is the future growth rate for Solarpower's camingo? > Pound to we decimal preom