Assume that for the past 10 years the growth rate in A Ltd’s dividends per share has been 10% p.a. Also assume that this growth rate is to be maintained indefinitely. The latest dividend of 90 cents was paid yesterday. What is the value of A’s shares? Assume cost of capital to be 15%.

Assume that for the past 10 years the growth rate in A Ltd’s dividends per share has been 10% p.a. Also assume that this growth rate is to be maintained indefinitely. The latest dividend of 90 cents was paid yesterday. What is the value of A’s shares? Assume cost of capital to be 15%.

Assume that for the past 10 years the growth rate in A Ltd’s dividends per share has been 10% p.a. Also assume that this growth rate is to be maintained indefinitely. The latest dividend of 90 cents was paid yesterday. What is the value of A’s shares? Assume cost of capital to be 15%.