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(PLEASE SHOW ALL CALCULATION, NO EXCEL FUNCTIONS) EPS next year is expected to be $6.40 for WIL, Inc. WIL's dividend payout ratio is 60% and

(PLEASE SHOW ALL CALCULATION, NO EXCEL
FUNCTIONS)
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EPS next year is expected to be $6.40 for WIL, Inc. WIL's dividend payout ratio is 60% and its dividend growth rate is expected to be 4.5%. WIL's price-earnings ratio is 18.55 a. Compute WIL's stock price. b. Compute WIL's required rate of return (market capitalization rate). c. What is the value of WIL's PVGO? d. Would you recommend that WIL increase, decrease, or leave unchanged its plowback ratio? Explain

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