Assume that for the past 10 years the growth rate in A Ltd's dividends per share has been 10% p.a. Dividends are paid once a year. Also assume that this growth rate is to be maintained indefinitely. The latest dividend of 90 cents was paid yesterday. The required rate of return is 16% p.a. What is the value of A's shares?Assume that for the past 10 years the growth rate in A Ltd's dividends per share has been 10% p.a. Dividends are paid once a year. Also assume that this growth rate is to be maintained indefinitely. The latest dividend of 90 cents was paid yesterday. The required rate of return is 16% p.a. What is the value of A's shares?