Polycorp intends to pay a dividend of $2.00 in one year's time. Given the economic climate it is expected dividends are going to be unchanged for the following 3 years.  Dividends are then expected to grow at 2.00% pa forever. Shareholders required return on equity is 10.00% pa.  What is the estimated value of Polycorp shares?  

Answer rating: 100% (QA)

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