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Today is January 2nd, 2024. As ABC's new financial analyst, your first mandate is to assess the value of the company. The last divided distributed

Today is January 2nd, 2024. As ABC's new financial analyst, your first mandate is to assess the value of the company. The last divided distributed in 2023 was $3.00. To properly value to common share of the company, you have have access to some forecast assumptions for the next seven years. Here are your assumptions:The weighted average cost of capital (WACC) is 13% and all dividends are distributed at year end. 


Question: We are the 1er January 2024. Calculate the value of ABC's common shares?

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