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weasley plc has just paid a dividend of 15p per share. next year's dividend is expected to be 12% higher and thereafter dividends are expected

weasley plc has just paid a dividend of 15p per share. next year's dividend is expected to be 12% higher and thereafter dividends are expected to grow at a rate of 4% per annum. the cost of capital for weasley is 8%. the management of the company is faced with an investment opportunity which will require dividends to be reduced to 4p per annum for the next five years. dividends in six years will be 18p and they will then grow at 6% per annum. however, the market believes that the new investment increases the riskiness of weasley plc with the result that the cost of equity capital rises to 9%. using the dividend share valuation model, what will be the share price (to the nearest 0.01) without the investment opportunity () now and in (ii) four years' time? select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a none of the above b (i) 4.20 and (ii) 4.39 (i) 4.20 and (ii) 4.91 (1) 3.75 and (ii) 4.39 (1) 3.75 and (ii) 4.91

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