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d mining company El Dorado Gold (EGO) suspended its dividend in March 2016 as a result of declining gold prices and delays in obtaining permitso

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d mining company El Dorado Gold (EGO) suspended its dividend in March 2016 as a result of declining gold prices and delays in obtaining permitso its mines in Greece. Suppose you expect EGO to resume paying annual dividends in two years time, with a dividend of $o.75 EGOs equity cost of capital is 9.7%, what is the value of a share of EGO today? The value of a share of EGO today is (Round to the nearest cent)

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