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The FI Corporation's dividends per share are expected to grow Indefinitely by 5% per year. Required: a. If this year's year-end dividend is $6 and

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The FI Corporation's dividends per share are expected to grow Indefinitely by 5% per year. Required: a. If this year's year-end dividend is $6 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 Intermedlate calculations. Round your answer to 2 decimal places.) Answer is complete and correct. b. If the expected earnings per share are $12, what Is the Implied value of the ROE on future Investment opportunitles? (Do not round Intermedlate calculatlons. Round your answer to 2 declmal places.) Answer is complete and correct. c. How much Is the market paying per share for growth opportunitles (that Is, for an ROE on future Investments that exceeds the market capltalization rate)? (Do not round Intermedlate calculations. Round your answer to 2 decimal places.) Answer is complete but not entirely

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