Suppose Green Acre Industries will not pay a dividend for the next 10 years. In year 11 Green Acre Industries will start paying a dividend of $2, which is then expected to grow at 3 percent forever. What is the value of a share of Green Acre Industries if the appropriate discount rate is 8 percent? Suppose Blue Acre Industries will pay a $4 dividend for each of the next three years. After that the dividend will grow at a constant 3 percent forever. Further suppose that Blue Acre Industries has a beta of 1.4, the market risk premium is 6 percent, and the risk-free rate is 2 percent. What is the value ofa share of Blue Acre Industries? Red Acre Industries paid a dividend of $0.63 per share after having earnings of $2.45, and has an ROE of 8 percent. What is Red Acre Industries' payout ratio