Question 10 2 pts Suppose ZNA Inc. is expected to pay a cash dividend of $4.75 in exactly 1 year, $5.25 in 2 years, $5.75 in 3 years, and $7.00 in the 4th year. Thereafter, ZNA expects its dividends to grow at a constant rate of 7% per annum. If the required discount rate is 15% per annum, what should be the current market price of ZNA? $69.42 $57.54 $93.63 $80.29 - Previous Next >