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Need done 3. (12 points) Reizenstein Trucking (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently

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3. (12 points) Reizenstein Trucking (RT) has just developed a solar panel capable of generating 200% more electricity than any solar panel currently on the market. This will substantively increase the company's profit in the short-term. As a result, RT is expected to experience a 15% annual growth rate in dividends for the next 5 years (ie, till t-5). By the end of 5 years. other firms will have developed comparable technology, and RT's dividend growth rate will slow to 5% per year indefinitely. Stockholders require a return of 12% on RT's stock. The next dividend will be paid one year from now and it is expected to be $2.0125 per share. (4 points) What are RTs expected future dividends till one year after the firm matures? a. b. (4 points) Calculate the value of the stock today

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