The management team of Netflix maintains a stable dividend using the Lintner model: Dt+1=Dt+EPSTargetPayout Where Dt(Dt+1)= dividend in the current period t (the next period t+1) EPSt = earnings per share in period t EPS = EPSt+1 EPSt = change in EPS Target Payout = target payout ratio =55% = adjustment factor =0.1 Last quarter, the dividend was $1.12 per share and the earnings per share were \$9.90. The management is forecasting that earnings in the upcoming quarter will increase to $10.50 per share. What dividend for next quarter should analysts predict? Make your answer accurate to cents. That is, if your answer is 9.252, write 9.25. Als