The Felix Corp.projects to pay a dividend of €.75 next year and then have it grow at 12% for the following 3 years before growing at 8% indefinitely thereafter.The equity has a required return of 10% in the market.The price of the share should be ____.
A)€9.38
B)€17.05
C)€41.67
D)€59.80
E)€62.38

Question

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The Answer of The Felix Corp.projects to pay a dividend of €.75 next year and then have it grow at 12% for the following 3 years before growing at 8% indefinitely thereafter.The equity has a required return of 10% in the market.The price of the share should be ____.
A)€9.38
B)€17.05
C)€41.67
D)€59.80
E)€62.38