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b ) Tesco PLC has paid the following dividends over the past seven years: Year / Dividend per share 2 0 2 2 / 2

b) Tesco PLC has paid the following dividends over the past seven years: Year/Dividend per share2022/2.35
2021/2.28
2020/2.10
2019/1.95
2018/1.82
2017/1.80
2016/1.73
2015/1.61
i) Based on the information provided above, apply Gordons growth model to compute the dividend growth rate
ii) If you can earn 13% on similar-risk investments, what is the most you would be willing to pay per share?

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