A firm expects to pay dividends at the end of each of the next four years of R2.00, R1.50, R2.50, and R3.50.If growth is then expected to level off at 8 percent, and if you require a 14 percent rate of return, how much should you be willing to pay for this share?

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The Answer of A firm expects to pay dividends at the end of each of the next four years of R2.00, R1.50, R2.50, and R3.50.If growth is then expected to level off at 8 percent, and if you require a 14 percent rate of return, how much should you be willing to pay for this share?

A Firm Expects to Pay Dividends at the End of Each