The Digital Electronic Quotation System (DEQS) Corporation pays no cash dividends currently and is not expected to for the next five years. Its latest EPS was \$18, all of which was reinvested in the company. The firm's expected ROE for the next five years is 16% per year. and during this time it is expected to continue to reinvest all of its earnings. Starting in year 6 , the firm's ROE on new investments is expected to fall to 11%, and the company is expected to start paying out 30% of its earnings in cash dividends, which it will continue to do forever after. DEQS's market capitalization rate is 24% per year. 0. What is your estimate of DEQS's intrinsic value per share? (Do not round intermediate calculations. Round your answer to 2 decimal places. Omit the " $ " sign in your response.) Intrinsic value $ b. Assuming its current market price is equal to its intrinsic value, what do you expect to happen to its price over the next year? (Omit the "\%" sign in your response.) The price should by % per year until year 6 : because there is , the entire return must be in c. What do you expect to happen to price in the following year? Price in the sixth year $ d. What effect would it have on your estimate of DEQS's intrinsic value if you expected DEQS to pay out only 16% of earnings starting in year 6 ? (Do not round intermediate calculations. Round your answers to 2 decimal places. Omit the " $ " and " % " signs in your response.) The Duo Growth Company just paid a dividend of $4 per share. The dividend is expected to grow at a rate of 22% per year for the next three years and then to level off to 8% per year forever. You think the appropriate market capitalization rate is 15% per year. o. What is your estimate of the intrinsic value of a share of the stock? (Do not round your intermediate calculations. Omit the "\$" sign in your response. Round your answer to 2 decimal places.) Intrinsic value per share $ b. If the market price of a share is equal to this intrinsic value, what is the expected dividend yield? (Round your answer to 1 decimal place. Omit the "\%" sign in your response.) Expected dividend yield % c. What do you expect its price to be one year from now? Is the implied capital gain consistent with your estimate of the dividend yield and the market capitalization rate? (Do not round your intermediate calculations. Omit the "\$" \& "\%" signs in your response. Round your answers to 2 decimal places.)