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Please answer parts (a., b., and c.) Integrative-Risk and valuation Giant Enterprises' stock has a required return of 16.6%. The company, which plans to pay

Please answer parts (a., b., and c.)

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Integrative-Risk and valuation Giant Enterprises' stock has a required return of 16.6%. The company, which plans to pay a dividend of $1.67 per share in the coming year, anticipates that its future dividends will increase at an annual rate consistent with that experienced over 2013-2019 period, when the following dividends were paid: a. If the risk-free rate is 7%, what is the risk premium on Giant's stock? b. Using the constant-growth model, estimate the value of Giant's stock. (Hint: Round the computed dividend growth rate to the nearest whole percent.) c. Explain what effect, if any, a decrease in the risk premium would have on the value of Giant's stock. a. If the risk-free rate is 7%, the risk premium on Giant's stock is %. (Round to one decimal place.) - X Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 2019 2018 2017 2016 2015 2014 2013 Dividend per Share $1.56 $1.46 $1.36 $1.27 $1.19 $1.11 $1.04 Print Done

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