Omni Telecom is trying to decide whether to increase its cash dividend immediately or use the funds to increase its future growth rate. D1 P@= Ke-9 Po = Price of the stock today D1 = Dividend at the end of the first year D1 = Dex (1 + 9) De = Dividend today Ke = Required rate of return g=Constant growth rate in dividends De is currently $2.40. Ke is 13 percent, and gis 5 percent. Under Plan A, Dg would be immediately increased to $3.00 and Ke and g will remain unchanged. Under Plan B. Do will remain at $2.40 but g will go up to 6 percent and Ke will remain unchanged. a. Compute Pe (price of the stock today) under Plan A. Note D1 will be equal to De *(1 + g) or $3.00 (1.05). Ke will equal 13 percent, and g will equal 5 percent. (Round your intermediate calculations and final answer to 2 decimal places.) Stock price for Plan A b. Compute Pa (price of the stock today) under Plan B. Note D1 will be equal to De *(1 + g) or $2.40 (1.06). Ke will be equal to 13 percent, and g will be equal to 6 percent. (Round your intermediate calculations and final answer to 2 decimal places.) Stock price for Plan B