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Saham Technologies is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17% a year for

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Saham Technologies is a new firm in a rapidly growing industry. The company is planning on increasing its annual dividend by 17% a year for the next 4 years and then decreasing the growth rate to a constant rate of 5.5% per year. The company just paid its annual dividend in the amount of OMR 0.26 per share. What is the current value of one share of this stock if the required rate of return is 17.5%? Select one: a OMR 3.02 b. OMR 3.53 c. OMR 3.40 d. OMR 3.15 e. OMR 3.28

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