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The common stock of Devina Company is currently selling for $ 4 0 per share. It is expected that Devina will pay a dividend equal

The common stock of Devina Company is currently selling for $40 per share. It is expected that Devina will pay a dividend equal to $3.75 per share this year, D1. In addition, analyses have indicated that the company has been growing A) What is Devinas cost of retained earnings this year? B) Find the expected price of this stock next year? (i.e., the end of year 1) C) What would be the cost of retained earnings one year from now? (Growth rate is not given)

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