Sam's Fine Garments sells jackets and sports coats in suburban malls throughout the country. Business has been good, as indicatedCompute the required values under the following circumstances: $($Do not round intermediate calculations. Round the final answers

to $2$ decimal places.$)$

a$.D_1=$$$6\mathrm{.}60$;$P_0=$$$76$;$g=6\%$;$F=$$$4\mathrm{.}00.$

b$.D_1=$$$0\mathrm{.}35$;$P_l=$$$36$;$g=10\%$;$F=$$$1\mathrm{.}50.$

$K_e,10\mathrm{.}97o.\%$

$K_n,\%$

c$.E_1($earnings at the end of period one$)=$$$10$; payout ratio equals $25$ percent; $P_{}=$$$40$;$g=9\mathrm{.}0\%$;$F=$$$2\mathrm{.}5.$

by the eight$-$year growth in earnings per share. The earnings have grown from $$1\mathrm{.}00$ to $$1\mathrm{.}59.($Use a Financial calculator to arrive at

the answers.$)$

a$.$ Determine the compound annual rate of growth in earnings $(n=8).$ Use Appendix A$.($Round the final answer to $2$ decimal places.$)$

Compound annual rate of growth

$\%$

b$.$ Based on the growth rate determined in part a$,$ project earnings for next year $(E_1).($Round compound annual rate of growth to $2$

decimal places. Round the final answer to $2$ decimal places.$)$

$E_1$$

c$.$ Assume the dividend payout ratio is $40$ percent. Compute $D_1($Round intermediate calculations to $2$ decimal places. Round the

final answer to $2$ decimal places.$)$

$D_1$$

d$.$ The current price of the stock is $$18.$ Using the growth rate $(g)$ from part a and $D_1$ from part c$,$ compute $K_e.($Round compound

annual rate of growth to $2$ decimal places. Round the final answer to $2$ decimal places.$)$

$K_e$

$\%$

e$.$ If the flotation cost is $$2\mathrm{.}75,$ compute the cost of new common stock $(K_n).($Round compound annual rate of growth to $2$ decimal

places. Round intermediate calculations to $2$ decimal places. Round the final answer to $2$ decimal places.$)$

$K_n$

$\%$

$($Please help me with the Kn for part b and c