1. Trend-line Inc. has been growing at a rate of 5% 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? If Trend-lines earnings per share will be $9, what part of Trend-lines value is due to assets in place, and what part to growth opportunities?