will not change its number of cutstanding shares. Assume noxt dividend is due in one year. a. What growth rate of eamings would you forecast for DFB? b. If DFB's equaty cost of capital is 12 . B\%, what price would you estimate for OFB stock? c. Suppose instead that DFB paid a dividend of $4.60 per share at the end of this yoar and rotaned only $1.12 per ahuee in eamings. That is, it ehowe to pay a higher idvidend invhad of thinkating in as many new projects. If DFB maintains this higher pryout rate in the future, what stack price would you estimate for the trm now? Should ofe raise is isverd