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ZamWater Plc a water and sewerage company is listed on Lusaka Stock Exchange (LuSE). ZamWater services the Chongwe City area. ZamWater plans to pay K2.36

ZamWater Plc a water and sewerage company is listed on Lusaka Stock Exchange (LuSE). ZamWater services the Chongwe City area. ZamWater plans to pay K2.36 per share in dividends in the coming year. If its equity cost of capital is 7.5% and dividends are expected to grow by 1.5% per year in the future, estimate the value of ZamWaters stock.

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