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Wyatt Oil presently pays no dividend. You anticipate Wyatt Oil will pay an annual dividend of $0.56 per share two years from today, an annual
Wyatt Oil presently pays no dividend. You anticipate Wyatt Oil will pay an annual dividend of $0.56 per share two years from today, an annual dividend of $0.92 three years from today and you expect the EPS four years from now will be $1.34 of which half will be retained to invest in prospecting new oil fields that have potential to generate a return of 20%. IF Wyatt Oil's equity cost of capital is 12%, then the value of a share of Wyatt Oil today is how much
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