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Procter & Gamble ( PG ) paid an annual dividend of $ 3 . 3 in 2 0 2 1 . You expect PG to

Procter & Gamble (PG) paid an annual dividend of $3.3 in 2021. You expect PG to increase its dividends by 7.2 per year for the next five years (through 2026), and thereafter by 3.1% per year. If the appropriate equity co of capital for Procter & Gamble is 6.1% per year, use the dividend-discount model to estimate its value per share at the end of 2021.
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