Now or Later recently paid €1.10 as an annual dividend.Future dividends are projected at €1.14, €1.18, €1.22, and €1.25 over the next four years, respectively.After that, the dividend is expected to Increase by 2% annually.What is one share of this equity worth to you if you require an 8% rate of return on similar investments?
A) €15.62
B) €19.57
C) €21.21
D) €23.33
E) €25.98
Correct Answer:
Verified
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