W calculating the value of AMP using Gordon's Model, it We must first calculate the growth of the firm through analyzing the dividend paid. Summary of dividend paid by AMP is shown below: Dividend paid I Year 2018 2017 2016 2015 2014 $ 0.14 0.29 0.28 0.28 0.26 Source: AMP Annual Report Note that we have used the 5 years dividend from 2014 to 2018 as AMP Ltd did not paid any dividend in 2019. From the data above, the growth rate is: g=v4 FV 1 -4 1 PV g 0.14 1 (4-1 0.26 Focus