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Trend - Line Incorporated has been growing at a rate of 6 % per year and is expected to continue to do so indefinitely. The

Trend-Line Incorporated has been growing at a rate of 6% per year and is expected to continue to do so indefinitely. The next dividend is expected to be $6 per share.
If the market expects a 10% rate of return on Trend-Line, at what price must it be selling?
Note: Do not round intermediate calculations.
If Trend-Lines earnings per share will be $9 next year, what part of its value is due to assets in place?
Note: Do not round intermediate calculations.
If Trend-Lines earnings per share will be $9
next year, what part of its value is due to growth opportunities?
Note: Do not round intermediate calculations.
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