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Your analysis of ABL Ltds shares indicates that the company is not expected to pay any dividends for the next three years. It is then

Your analysis of ABL Ltds shares indicates that the company is not expected to pay any dividends for the next three years. It is then likely to pay a dividend of $2.00 at the end of year 4, which is expected to grow at a rate of 10% p.a. for the next two years. Subsequently, these dividends are expected to grow at a rate of 5% p.a. for the foreseeable future. If investors require a return of 10% p.a. on ABL Ltds shares, the companys share price today should be closest to?

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