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Question 8 6 pts Sunshine Company operates retail sunglass kiosks in shopping malls. Below is information related to the company. Required rate of return on

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Question 8 6 pts Sunshine Company operates retail sunglass kiosks in shopping malls. Below is information related to the company. Required rate of return on equity (RE) is 8.5%. Assuming that steady-state growth in year 2022 and beyond will be 4% (ie, g). 2017 2018 2019 2020 2021 2022 Dividends to Common Equity (in thousands) s412 $4785636 $827 $950 $1.284 Common Shares Outstanding (in thousands) 1,512 Calculate the present value of continuing value of Sunshine at the start of 2022 using the perpetuity-with-growth model. $21.488.2 $1,403.28 $18.976 $2.512.23 ext s Previous

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