Question 1 PLAG QUESTION Endows Company currently does not pay any dividends and it does not plan to pay dividends for the next 4 years from the end of Year 5 will start to pay a constant dividend of 51.50 forever. The risk.free rate is 2 and the market rink premium is 9%. Endows is 50% funded by bond and 5096 by equity. The equity he is 09 while the hond betai 0.4. How much will you pay for each share today! Assume a corporate tax of 20%. (5 mark)