Due to Covid 19, many companies in Nasdaq stock exchange missed earning estimates and reluctant to give earning guidance. During the earning conference in 1 May 2022, Xoxo Co CEO, Upin Smith will not giving earning guidance until 2025. However, Upin indicates that this is the right time to invest and be ready to next millennia. Upin indicates that there two projects that will boost Xoxo. Project Alfa, and Beta. Based on market forecast, many analysts believed that Project Alfa will contribute $0.75 per share starting in 2025 until 2030. Then it will $1 per share continuously. Project Beta will start earning in 2025. In the beginning project Beta is valued at 150% of dividend of Alfa in that year. Dividend of Beta will have Compounded annual growth rate (CARG) or growth rate at 4% per year until 2040. Dividend Beta will show half after that. It is predicted that the interest rate the until 2025 will be 5%, It will then increase to 6% until 2030, 7% until 2055 onward. How much is the total dividend per share if all accumulated today?

a.

$ 21.18

b.

$ 22.28

c.

$ 21.28

d.

$ 23.67

e.

$ 20.28

f.

$ 21.67

g.

$ 22.77

h.

$ 21.67

i.

$ 23.28

j.

$ 22.67

k.

$ 22.57

l.

$ 21.18

m.

None of the answer