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The answer for the b question is also not 33.33%, please help me with the b question and the c question please! The FI Corporation's

image text in transcribed The answer for the b question is also not 33.33%, please help me with the b question and the c question please!

The FI Corporation's dividends per share are expected to grow indefinitely by 6% per year. Required: a. If this year's year-end dividend is $5 and the market capitalization rate is 8% per year, what must the current stock price be according to the dividend discount model? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. \begin{tabular}{|l|l|l|} \hline Current stock price & $ & 250.00 \\ \hline \end{tabular} b. If the expected earnings per share are $15, what is the implied value of the ROE on future investment opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely correct. c. How much is the market paying per share for growth opportunities (that is, for an ROE on future investments that exceeds the market capitalization rate)? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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