=+4 Elec Wat is a regulated supplier of electricity and water. It is expected to pay a

Question:

=+4 Elec Wat is a regulated supplier of electricity and water. It is expected to pay a divi-

dend of 24p per share per year for ever. Calculate the value of one share if a company of this risk class is required to return 10 per cent per year.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: