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The Gotham Post (TGP) is a newspaper business. The industry is shrinking but is expected to continue forever. TGP dividends are forecast to have negative

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The Gotham Post (TGP) is a newspaper business. The industry is shrinking but is expected to continue forever. TGP dividends are forecast to have negative growth of 5% per year forever. TGP's next annual dividend will be $4 per share in one year. Use a discount rate of 12% to value the shares. (Closest answer) $21.50$22.50$23.50$24.50

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