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4.A company you wish to value just paid a dividend of $2.7300 per share. The company is expected to pay a dividend at the end
4.A company you wish to value just paid a dividend of $2.7300 per share. The company is expected to pay a dividend at the end of next year and every year thereafter into the future. What is the approximate value per share if the appropriate discount rate is 12% and dividends are expected to grow at 2% per year indefinitely?
Select one:a. $18.50b. $35.39c. $21.46d. $27.85e. None of the above
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