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QQ is a constantly growing company that has just paid an annual dividend of $3.28. The share is priced at a market capitalization rate of

QQ is a constantly growing company that has just paid an annual dividend of $3.28. The share is priced at a market capitalization rate of 8.1%. The share price is $112.30. Its payout ratio is 0.6.

  1. What is the expected return on new equity invested?
  2. What is the dividend yield?
  3. If there are 1,000,000 shares, what is the total earnings?
  4. What is the expected share price exactly five years from today?

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