Here are forecasts for next year for two stocks:

a$.$ What are the dividend payout ratios for each firm?

b$.$ What are the expected sustainable dividend growth rates for each stock? Assume dividend has a steady growth for both stocks.

c$.$ If investors require a return of $16\%$ on each stock, what are their values?

Complete this question by entering your answers in the tabs below.

What are the dividend payout ratios for each firm?

Note. Do not round intermediate calculations Fnter vour answers ac a nercent rou unded to the nearect whole number