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Trend Line inc. has been growing at a rate of 7% per year and is expected to continue to do so indefinitely. The next dividend

Trend Line inc. has been growing at a rate of 7% per year and is expected to continue to do so indefinitely. The next dividend is expected to be $7.00 per share. A. If the market expects a 12% rate of return on Rend Line, at what price must it be selling? B. If Trend line earnings per share will be $12.00 what part of Trend Lines value is due to assets in place and what part to growth opportunities? Trend Lines Value Assets in Place? Growth Opportunities?

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