1.A company has a book value of $ 24.40 per share.The Market value Added over the next 10 years is expected to be $ 520 per share,giving it terminal book value of $ 76.40.The cost of equity is 10%give a present value of the MVA of $ 34.89.The expected market value of the share at the end of the tenth years is expected to be 1.9 times the book value.What is the value of the share using a mult-stage RIM?

a 81.30 b 88.99 c.85.80 d 83.15