(Measuring growth) Solapower \\( \\$ \\) ystems eamed \\( \\$ 20 \\) por share at the beginning of the yoar and poid ou \\( \\$ 9 \\) in dividends to shareholders (so, \\( D_{0}=\\$ 9 \\) ) and retained \\( \\$ 11 \\) to invest in new projects Wh an expected retum on equity of 21 percent: In the future, Solarpower expects lo retan the same dividend payout ratio, expects lo eam a return of 21 percent on is equity invested in new projects, and will not be changing the number of chares of common stock oustanding 2. Caiculane the fusure growth rase for Solarpowers eamings b. If the investor's required rate of retum for Solapewer's stock in 14 percent, what would be the price of Solarpower's common stock? c. What would happen to the price of Solvpowers common stock if terised its dividends to \\( \\$ 12 \\) and then continued with that same dividend payout ratio permaneney should Solarpower make this change? (Assume that the investors required rate of retum remains at 14 percent) d. What would happened to the price of Selarpowers common stock if it lowered is dividends to \\( \\$ 2 \\) and then contmued with that came dividend payout ratio permanenfy? Does the constant