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il Ooredoo LTE 4:39 PM 95% myportal.aum.edu.kw Zayn Inc. has a beta of 0.9. The risk-free return is equal to 2% and the market risk

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il Ooredoo LTE 4:39 PM 95% myportal.aum.edu.kw Zayn Inc. has a beta of 0.9. The risk-free return is equal to 2% and the market risk premium is equal to 6%. Zayn share currently sells for $49 and it is expected to pay a dividend of $3 per share at the end of the year. Dividends are expected to grow at a constant rate, g. Calculate the estimated share price in 6 years. Note 1: You should calculate the required rate of return rs and the constant growth rate g first. Note 2: Show your steps in the reasons box. Note 3: Do not enter any symbol in the answer field ($, KD, % - NOT allowed). Enter at least two digits after the decimal point. Answer: Give your reasons i B 1

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