..ll Optus 3:02 PM 62% 4 BAP53 A T3 2020 FEX copy copy Question 7 (10 marks) Jim Ltd.'s next dividend will be $4, the dividend is expected to grow at 7% p.a., for the following 3 years. After that the growth rate in dividends will be 5% per year indefinitely. Required rate of return is 10% p.a. Required: Calculate the current value of Jim Ltd.'s shares. Answer 7: (Answer here) Year Dividend Amount 1 2 Share Price: (Discounted present values) Year Dividend Discount Amount factor Growth model value 3 Total [Show workings here)