An ordinary share is expected to pay a dividend of $1 in one year, $4 in 2 years and $5 in 3 years. The annual dividend then remains unchanged at $5 until the end of year 10. From the end of year 10, the dividend will grow at 3% p.a. forever. Which of the following can be used to find the share price today if the rate of return is 12%? (There may be more than one correct answer. You will lose marks by choosing a wrong answer. The minimum mark for the question is zero.) Select one or more: 1 5(1.03) + + (1 1.12-5) + 1.12 1.122 0.12 0.12 0.03 b. None of the options can be used to find the share price today. 1 4 5 5(1.030) + + (1 - 1.12- )(1.12)- + 1.12. 0.12 10.12 -0.03 (1.12)-1 1 4. 5(1.03 + 1.12- )(1.12)-- 1.12 1.123 0.12 - 0.03 (1.12)-20 5(103) (1 1.12-")(1.12)-- + 1.12 1.12 0.12 (1.12) -1 0.12. ODS 4 5 16 1.122 (1-1.12-(1.12) - + 0.12 C2003 TAMA e f