We intend to buy PPP shares on the stock exchange. The current price of these shares is PLN 27. We expect that the annual return on these shares will be 17%. Last year, the company divided a net profit of PLN 3.6 million for 750,000 outstanding shares. a. Knowing that in the past the company paid a fixed dividend (similar to last year's), please check whether the current market price is overvalued, undervalued or the company is correctly valued in relation to the theoretical valuation - please use the appropriate valuation model. Later it was also calculated that the company's growth in subsequent years will be 2.2% per annum. b. Assuming that this increase will be stable and dividends will also increase in line with this increase, please re-value the company using the appropriate valuation model. Comment results. C. Assuming that the current market valuation is correct (PLN 27), please try to decompose the assumed annual rate of return into the capital yield and the dividend yield (in the annual horizon) - please assume a dividend growth as in point b) What should be the price of this company in one year