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Question #3 [13] QQ is a constantly growing company that has just paid an annual dividend of $3.28. The share is priced at a market

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Question #3 [13] 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. a. What is the expected return on new equity invested? [5] b. What is the dividend yield? [2] c. If there are 1,000,000 shares, what is the total earnings? [3] d. What is the expected share price exactly five years from today? [3]

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