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Wildcat Inc has EPS of $2.72 and a dividend payout ratio of 0.7. Wildcat reinvests any earnings it retains in new projects whose expected return

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Wildcat Inc has EPS of $2.72 and a dividend payout ratio of 0.7. Wildcat reinvests any earnings it retains in new projects whose expected return is 11%. At what rate will future dividends grow? Enter your answer as a decimal and show four decimal places. For example, if your answer is 4.5%, enter .0450. You require a return of 10.5% on Crimson stock. You expect next year's EPS (EPS1) to be $2.47 and a dividend payout ratio of 0.8. Crimson will reinvest the remainder of earnings in projects with expected return of 14%. What is a fair price for the stock today? Round your answer to the nearest penny

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