7. Use the following information for the next three problems in this spreadsheet Assume that the dividend payout ratio will be 55 percent when the rate on long-term government bonds falls to 9 percent. Since investors are becoming more risk averse, the equity risk premium will rise to 8 percent and investors will require a 7 percent return. The return on equity will be 13 percent. Show your calculations, formula and highlight the answer choice in the multiple section area