Question 33 Not yet saved Marked out of 1.00 Wayne's Nurseries Ltd. has just paid a dividend of $0.60 per share on its ordinary shares. The company has been in business for five years, and expects that the dividend will grow at 10% for the next two years, after which it is expected to grow at 4% indefinitely. You consider that the required rate of return for shares in this company is 15% per annum. The value of one share in Wayne's Nurseries Ltd is approximately P Flag question Select one: 0 a. $6.31 b. $5.29 o c. $7.48 o d. $8.22