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BW Corporation is expected to have a FCFE per share of R 1 . 2 0 in 1 , R 1 . 5 0 in

BW Corporation is expected to have a FCFE per share of R1.20 in 1,R1.50 in year 2, and R2.00 in year 3. After year 3, FCFE per share is expected to grow at the rate of 10%. If the required return is 13%, the value of the share today is closest to?
Select one:
a.R33
b. R41
c.R55
d. R66
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