Check my work Omni Telecom is trying to decide whether to increase its cash dividend immediately or use the funds to increase its future growth rate. Po = Di Ke-9 Po - Price of the stock today D1 Dividend at the end of the first year D1 De X (1+g) Do - Dividend today Ke Required rate of return g Constant growth rate in dividends De is currently $2.90. Ke Is 9 percent, and gis 6 percent. Under Plon A. De would be immediately increased to $3.30 and Ke and g will remain unchanged. Under Plan B, Do will remain at $2.90 but will go up to 7 percent and Ke will remain unchanged. a. Compute Po (price of the stock today) under Plan A. Note D1 will be equal to 09 (1) or $3.30 (1.06). Ke will equal 9 percent, and will equal 6 percent. (Round your intermediate calculations and final answer to 2 decimal places.) Stock prion for Plan A b. Compute Pe (price of the stock today) under Plan B. Note D1 will be equal to De *(1 + g) or $2.90 (1.07). Ke will be equal to 9 percent, and will be equal to 7 percent. (Round your intermediate calculations and final answer to 2 decimal places.) Stock price for Plan B c. Which plan will produce the higher value? O Plan A O Plan B