Omni Telecom is trying to decide whether to increase its cash dividend immediately or use the funds to increase its future growth rate. D Price of the stock todey D Dividend at the end of the first year - Do. 1. Dividend today *Required rate of return g-Constant growth rate in dividends De is currently $2.80, s 12 percent, and gis 6 percent Under Plan A Du would be immediately increased to $320 and Ke and g will remain unchanged Under Plan B. Do will remain et $280 but g will go up to 7 percent and will remain unchanged a. Compute 7 (price of the stock today, under Plan A. Note / Will be equal to 1 or $3.2011.06). K will equal 12 percent. und will cual 6 percent (Round your Intermediate cateulations and final answer to 2 decimal places) Stock for Pian 20 b. Computes price of the stock today) under Plan 8. Note, will be equal to 11 or $280 01.07). K will be equal to 12 percent and will be equal to 7 percent (Round your intermediate calculations and final anwwer to 2 decimal places) Rockor Pan c. Which plan will produce the higher value? Pian A Plan