6 Question 6 (10 points) Slam's VP Finance is planning out a future dividend stream. She believes Slam can increase its dividend by 9% per year for the next 4 years. After that earnings growth will actually fall and dividends will drop by 3% per year thereafter. Using this dividend information, where Slam's current dividend is $0.40 per share and assuming a 9% cost of equity (for this problem only) what should be the value of Slam's common equity/stock today? (10 Marks)