(Answered) Colgate-palmolive company has just paid an annual dividend

Finance

Colgate-Palmolive Company has just paid an annual dividend of $ 0.94.Analysts are predicting a(n)11.3 % per year growth rate in earnings over the next five years. After that, Colgate's earnings are expected to grow at the current industry average of 5.6 %per year. If Colgate's equity cost of capital is 8.1 %per year and its dividend payout ratio remains constant. What is the price per share? Please show work so I can understand this better!

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