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Analysts expect Placer Corp. to pay shareholders OMR2.25 per share annually for the next five years. After that, the dividend will be OMR3.50 annually forever.

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Analysts expect Placer Corp. to pay shareholders OMR2.25 per share annually for the next five years. After that, the dividend will be OMR3.50 annually forever. Given a discount rate of 12%, what is the value of the stock today? Select one: a. OMR22.37 b. OMR24.66 c. OMR19.87 d. OMR27.88 e. OMR16.55

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