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5. AssumePM pays $4.00annuallividendwhichis expected grow yearlyata rateof 5.5% CalculatPM'sfirmvalueassuming5-year horizon and a required rate of return (k ) of 10%. Hint: Youwill need to

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5. AssumePM pays $4.00annuallividendwhichis expected grow yearlyata rateof 5.5% CalculatPM'sfirmvalueassuming5-year horizon and a required rate of return (k ) of 10%. Hint: Youwill need to calculattheterminalaluefJPM toincluden yourcalculations Usinga dividendiscountodewill helpShowyourcalculations

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