An ordinary share will pay its first dividend of $1 in two years. After that, the annual dividend is going to grow 9% per year for two years. Four years from today, the dividend growth rate is expected to become constant at 4% p.a. forever. The rate of return is 14% p.a. Use the dividend discount model, which of the following can be used to find the share price today? (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.) (2 marks) Select one or more: a. None of the equation gives the correct answer. 1.092 * b. 1 (1.04) 1.09 1.092 + 0.14 - 0.04 + + 1.142 1.143 1.144 1.144 1.092 1.09 + 0.14 - 0.04 + 1.142 1.143 1.143 C. 1 1 d. 1 1 1.09 1.092 + + + 1.14 1.142 1.143 1.092 * (1.04) 0.14 0.04 1.144 1.093 0.14 0.04 1.144 1 1.09 + + 1.092 1.144 1.142 + 1.143 f. 1 1142 1.09 1143 + 1.092 + (1.04) 0.14 - 0.04 1.092 1144 + + 145