Check my won 00 8 Problem 10-29 Common stock value under different market conditions (L010-5) 10 Ecology Labs Inc. will pay a dividend of $5,20 per share in the next 12 months 1) The required rate of return is 14 percent and the constant growth rate is 7 percent. (Each question is independent of the others.) a. Compute the price of Ecology Labs common stock. (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price rences b. Assume ke the required rate of retum, goes up to 20 percent. What will be the new price? (Do not round Intermediate calculations. Round your answer to 2 decimal places) New price c. Assume the growth rate (dl goes up to 10 percent. What will be the new price? Ke goes back to its original value of 14 percent (Do not round intermediate calculations, Round your answer to 2 decimal places.) CHIO HW Seed Help Save & E Subr Checimy word 00 8 ---- calculations. Round your answer to 2 decimal places.) New price 10 DO who P c. Assume the growth rate (dl goes up to 10 percent. What will be the new price? Ke goes back to its original value of 14 percent. (Do not round Intermediate calculations. Round your answer to 2 decimal places.) Merences New price d. Assume Duis $6.10. What will be the new price? Assume ke is at its original value of 14 percent and g goes back to its original value of 7 percent. (Do not round intermediate calculations. Round your answer to 2 decimal places.) New price