1:25:00 Podious Page Next Page Question 15 (3 points) Given a five-year forecast horizon, assume that dividends are forecasted to be $29.12 for year+6 (i.e., D6-$29.12), the long-run growth rate is 4% (i.e. g=4%), and the cost of common capital is 11% (i.e., RE=11%). Assuming the company reaches the steady state after year+6 (perpetuity with growth), what is the continuing value of future dividends at the beginning of year+6 (i.e., what is V5)? $194. $416. $728. $265. Previous Page Next Page