Omni Telecom is trying to decide whether to Increase its cash dividend immediately or use the funds to increase its future growth rate. Ke-9 Pa = Price of the stock today D = Dividend at the end of the first year Du = Da * (1 + 9) De = Dividend today Ke = Required rate of return g=Constant growth rate in dividends Da is currently $3.00. Ke Is 8 percent, and g is 5 percent Under Plan A. Da would be immediately increased to $3.40 and K. and will remain unchanged. Under Plan B. Da will remain at $3.00 but g will go up to 6 percent and k, will remain unchanged. a. Compute Pe price of the stock today under Plan A. Note , will be equal to Da * (1 + g) or $3.40 (1.05). K, will equal 8 percent, and g will equal 5 percent. (Round your Intermediate calculations and final answer to 2 decimal places.) Stock price for Plan A b. Compute Pe price of the stock today under Plan B. Note Du will be equal to Da * (1 + g) or $3.00 (1.06). Ke will be equal to 8 percent, and g will be equal to 6 percent (Round your Intermediate calculations and final answer to 2 decimal places.) Stock price for Plan B c. Which plan will produce the higher value? Plan A Plan B