Suppose a stock is valued at $50 per share. It just paid out $3 per share in dividends, and its cost of equity is 10%. What does the dividend discount model (perpetuity) imply that its growth rate must be? (Hint: plug what you know into the dividend discount perpetuity model and solve for g). Enter your answer as a percentage. If the answer is 5.35978%, then enter 5.36 Suppose Geo will have FCF next year of $1 million and expects FCF to grow at 4% in perpetuity. The firm has a pre-tax cost of debt of 4% and a cost of equity of 10%. The company maintains a debt-to-value ratio of 45% and the tax rate is 21%. What is the Enterprise Value of Geo? (Hint: you need to calculate a WACC first) Enter your answer in millions. If the answer is 10.23684 million, then enter 10.24