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Question 9 1 pts GMC Ltd suspended its dividend today because of the cancellation of a major government contract. Market analysts expect the company to

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Question 9 1 pts GMC Ltd suspended its dividend today because of the cancellation of a major government contract. Market analysts expect the company to resume paying annual dividends in four years! time, with a dividend of $1.50 per share, growing by 5% per annum forever. If the required return on the company's shares is 12% p.a., its share price today will be closest to: $12.50 $15.25 O $21.40. O $13.60

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