Question Help P9-12 (similar to) Procter and Gamble (PG) pad annual dividend of $2.95 in 2018. You expect PG to increase its dividends by 82% per year for the next five years through 2003), and thereafter by 2.5% per year. the appropriate equity cost of capital for Procter and Gamble is 7.8% per year, use the dividend-discount model to estimate its value per share at the end of 2018 The price per sharol Round to the nearest cont)