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Assume next period's dividend is forecast to be $1.20 per share that WACC = .18 the cost of equity is 20%; the cost of debt

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Assume next period's dividend is forecast to be $1.20 per share that WACC = .18 the cost of equity is 20%; the cost of debt is 14%; the risk-free rate is 5% and the long-run dividend growth rate is expected to be 8%. The best estimate the today's share value using the discounted dividends method is: a. $6.67 b. $12.00 C. $6.00 d. $10.00 e. $24.00

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