Can't Hold Me Back is preparing to pay its first dividends.It is going to pay €1.00,€2.50,and €5.00 a share over the next three years,respectively.After that,the company has stated that the annual dividend will be €1.25 per share indefinitely.What is this equity worth to you per share if you demand a 7% rate of return?
A)€7.20
B)€14.48
C)€18.88
D)€21.78
E)€25.06

Question

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The Answer of Can't Hold Me Back is preparing to pay its first dividends.It is going to pay €1.00,€2.50,and €5.00 a share over the next three years,respectively.After that,the company has stated that the annual dividend will be €1.25 per share indefinitely.What is this equity worth to you per share if you demand a 7% rate of return?
A)€7.20
B)€14.48
C)€18.88
D)€21.78
E)€25.06

Can't Hold Me Back Is Preparing to Pay Its First