Question 12 Not yet answered Marked out of 1.00 Not flaggedFlag question Question text You were analysing the stock of Ansell Limited (Australian Stock Exchange: ANN), a health care company. The stock price on 30 June 2008 was A$9.74. The companys dividend per share for the fiscal year ending 30 June 2008 was A$0.27. You expected the dividend to increase from this by 10 percent annually for the next three years and then increase by 8 percent annually forever. You estimated the required return on equity of Ansell to be 12 percent. What was the estimated value of the companys share on 30 June 2008, based on a two-stage dividend discount model?