WannaGrowMaize Corporation (WGMC) has expected earnings per share of $5. It has a history of paying cash dividends equal to 25% of earnings. The market capitalization rate for WGMC stock is 10% per year, and the expected rate of return on future investments is 12% per year. Using the constant growth rate discounted dividend model: What is the expected growth rate of dividends? What is the models estimate of the present value of the stock? What is the expected price of a share a year from now?