Problem 10-30 Rick's Department Stores has had the following pattern of earnings per share over the last five years. Year 20 2exy 200 20XX 20xY Earnings per share 54.00 4.20 4.41 4.53 4.86 The earnings per share have grown at a constant rate (on a rounded basis) and will continue to do so in the future. Dividends represent 40 percent of earnings a. Project earnings and dividends for the next year (20x) (Do not round intermediate calculations. Round the final answers to 2 decimal places.) 2012 Earnings Dividend b. if the required rate of retum 13 percent, what is the anticipated share price at the beginning of 20XZMDo not round intermediate calculations, Round the final answer to 2 decimal places) Anticipated stock price $