You are trying to estimate the share price for DownStream Inc. You have forecasted the following information about earnings and payouts to shareholders for the next five years (see table below). In addition, you know that after year 5 the company will maintain a constant payout rate of 70% in perpetuity. The company's equity cost of capital (rE) is 12%, its return on new investment is 13%, and it currently has 200 million shares outstanding. Based on the information provided, what is a good estimate for the firm's share price? Select the best one. I. $51.16 II. $115.85 III. $63.56 IV. $99.85 V. $12,712 You are trying to estimate the share price for SolarStream Inc. You have forecasted the following information about earnings per share and dividends per share for the next five years (see table below). In addition, you know that after year 5 the company will maintain a constant payout rate of 60% in perpetuity. The company's equity cost of capital (rE) is 12%, its return on new investment is 13%, and it currently has 100 million shares outstanding. Assume the company only pays dividends and does not repurchase any shares. Based on the information provided, what is a good estimate for the firm's share price? Select the best one. I. $34.59 II. $110.85 III. $67.53 IV. $0.35 V. $14.20 You are trying to estimate the share price for DownStream Inc. You have forecasted the following information about earnings and payouts to shareholders for the next five years (see table below). In addition, you know that after year 5 the company will maintain a constant payout rate of 70% in perpetuity. The company's equity cost of capital (rE) is 12%, its return on new investment is 13%, and it currently has 200 million shares outstanding. Based on the information provided, what is a good estimate for the firm's share price? Select the best one. I. $51.16 II. $115.85 III. $63.56 IV. $99.85 V. $12,712 You are trying to estimate the share price for SolarStream Inc. You have forecasted the following information about earnings per share and dividends per share for the next five years (see table below). In addition, you know that after year 5 the company will maintain a constant payout rate of 60% in perpetuity. The company's equity cost of capital (rE) is 12%, its return on new investment is 13%, and it currently has 100 million shares outstanding. Assume the company only pays dividends and does not repurchase any shares. Based on the information provided, what is a good estimate for the firm's share price? Select the best one. I. $34.59 II. $110.85 III. $67.53 IV. $0.35 V. $14.20