Suppose a company is experiencing the high-growth phase of the next four years, in which the company is not going to pay out any dividends, instead, it invests into new projects that offer return on investment of 20%. After four years, the company is expected to enter a constant growth phase in which the company grows at a lower rate in the future, based on the company's recenta nnual report, the expected return on investment of this company is 12% and the planned dividend payout ratio is 50% in the constant growth phase. Suppose the companyâs expected earnings are $2 per share in the next year, the discount rate for this stock is 15% based on its risk assessment, what should be the current stock price?

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening. a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number. include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i. e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?