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KBC Ltd pay a dividend of $6 per share next year. After that the dividend is forecast to grow at 30% for 2 years. From
KBC Ltd pay a dividend of $6 per share next year. After that the dividend is forecast to grow at 30% for 2 years. From year three onwards dividends are expected to grow by $10 indefinitely. Calculate the share price for KBC Ltd if the discount rate is 15%
a). $146.46
b). $164.46
c). $292.55
d). $256.22
e). $153.04
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