please answer question e. (i)

(Common stock valuation) Assume the following: the investor's required rate of return is 14 percent, . the expected level of earnings at the end of this year (Eq) is $10, the retention ratio is 45 percent, the return on equity (ROE) is 13 percent that is, it can earn 13 percent on reinvested earnings), and similar shares of stock sell at multiples of 6.748 times earnings per share. Questions: a. Determine the expected growth rate for dividends. b. Determine the price earnings ratio (PER). c. What is the stock price using the P/E ratio valuation method? d. What is the stock price using the dividend discount model? a. What is the expected growth rate for dividends? C. 5.85 % (Round to two decimal places.) b. What is the price earnings ratio (PIE,)? 6.748 (Round to three decimal places.) c. What is the stock price using the P/E ratio valuation method? $ 67.48 (Round to the nearest cent.) d. What is the stock price using the dividend discount model? $ 67.48 (Round to the nearest cent.) e. (i) Using the dividend discount model, what would be the stock price if the company increased its retention rate to 70% (holding all else constant)? $29.7 (Round to the nearest cent.)