consider the follow information which relates to a given organization:

Item	2019 Value
Earnings per Share	$6.56
price per share (common stock)	$39.06
Book Value (common stock equity)	$64.2 million
total common stock outstanding	2.55 million
Dividend per share	$4.9

Experts expect that the company can maintain a constant annual growth rate in dividends per share of 5.78% in the future, or possibly 7.65% for the next 2 years and 5.93% thereafter. in addition, it is expected that the risk the of the firm, as measured by the risk premium on its stock, to increase immediately from 8.95% to 10.69%. Currently, the risk free rate is 5.61%. 1. Determine the current required rate of return for the firms stock. (% ROUND YOUR ANSWER TO 2 DECIMAL PLACES) 2. Determine the new required rate of return for the firms stock.(% ROUND YOUR ANSWER TO 2 DECIMAL PLACES) 3. Assuming no growth in future dividends and a required return of 16.15%. find the value per share of the firms stock. ($ ROUND YOUR ANSWER TO 2 DECIMAL PLACES) 4. assuming a constant annual 5.78% growth rate in future dividends, find the value per share of the firms stock. the required return is 16.15%. ($ ROUND YOUR ANSWER TO 2 DECIMAL PLACES) 5. Assuming a constant 7.65% growth rate in dividends per share over the next 2 years and 5.93% thereafter. find the value per share of the firms stock. the required rate of return is 16.15%