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Save E Sum 10 Problem 10-30 Rick's Department Stores has had the following pattern of earnings per share over the last five years 2020 BV

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Save E Sum 10 Problem 10-30 Rick's Department Stores has had the following pattern of earnings per share over the last five years 2020 BV 20 1). 13.65 14.33 15. 15.10 20XV The earnings per share have grown at a constantrate on a rounded basis and we continue to do so in the future Dividends represent 40 percent of earnings a. Project earnings and dividends for the next year (20x) (Do not found intermediate calculations. Round the final answers to 2 decimal places 20 Earrings Dividend b. If the required rate of return is 13 percent what is the anticipated Share price at the beginning of 20XZ? (Do not round Intermediate calculations. Round the final answer to 2 decimal places.) Anticipated stock price

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