Hello, where can I find the workings of this question please ?

Teal plc has a market capitalisation of $30 million and forecast post-tax profits for the forthcoming year of

$10 million. The company has an issued share capital of $1 million, which is made up of $050 ordinary

shares. The policy of Teal plc is to maintain a constant dividend cover of 25 times. Dividends are

expected to increase by 5% per annum for the foreseeable future.

Which of the following is the expected rate of return from the ordinary shares?

A

83%

B

183%

C

217%

D

317%