Now suppose the company in part $($a$)$ actually pays its annual divider equal quarterly installments; thus, the company has just paid a divide of $$\mathrm{.}90$ per share, as it has for the previous three quarters. What is yo value for the current share price now? $($Hint: Find the equivalent ann end$-$of$-$year dividend for each year.$)$ Comment on whether you think model of stock valuation is appropriate.