Problem $10-29($Algo$)$ Common stock value under different market conditions $[$LO$10-5]$

Ecology Labs Incorporated will pay a dividend of $$4\mathrm{.}30$ per share in the next $12$ months $($D$1)$

$.$ The required rate of return $($Ke$)$

is $18$ percent and the constant growth rate is $10$ percent.

Note: Each question is independent of the others.

Compute the price of Ecology Labs' common stock.

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

Assume Ke

$,$ the required rate of return, goes up to $23$ percent. What will be the new price?

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

Assume the growth rate $($g$)$ goes up to $13$ percent. What will be the new price? Ke

goes back to its original value of $18$ percent.

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.

Assume D$1$

is $$5\mathrm{.}10.$ What will be the new price? Assume Ke

is at its original value of $18$ percent and g goes back to its original value of $10$ percent.

Note: Do not round intermediate calculations. Round your answer to $2$ decimal places.PLEASE SHOW YOUR WORK