Question 31 (1 point) Parent Company is looking to take over Target Company and is trying to value the company using the dividend based method. Target Co has just paid a dividend of 20c per share and they expect their dividends to remain constant. Target Co has estimated their Cost of Capital (required rate of return) is 12%. Target Co currently has 1 million 1 shares. 1m 2.4m 1.7m 1.67m