A company with 1 million common shares outstanding expects to grow at a rate of 15% per year over the next 3 years. From the beginning of the 4th. year expects to grow at a constant rate of 4% per year indefinitely. The company paid 30% of the net profit of $ 2,000,000 in dividends to common shareholders yesterday (Do = $. 60). The company's beta is 1.25, the risk-free rate is 8%, and the market risk premium (MRP) is 4%. Determine the share price (Po).

$ 9.17 $7.19 $8.35 $10.23 Ninguna de las opciones