Using a cost of equity of $13\%$ and a dividend growth rate of $4\mathrm{.}5\%,$ calculate the value of Danoca Co using the dividend growth model.

Question $13$Select one:

Shs $14\mathrm{.}75$m

Shs $16\mathrm{.}50$m

Shs $2\mathrm{.}95$m

Shs $5\mathrm{.}00$m