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Consider that there are only 3 investors interested in the stock of ABC G da ; Ali, Ayse and Ahmet, and their required rate of

Consider that there are only 3 investors interested in the stock of ABC Gda; Ali, Ayse and Ahmet, and their required rate of returns are 15%,5% and 10%. There is only one share traded in the market. ABC Gda will pay a dividend of 3 TL next year and plans to increase its dividend by 3% per year indefinitely.
a.(10 p.) What is the market price if initially Ali is owner of the share?
b.(10 p.) What is the market price if initially Ayse is owner of the share

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