Canadian-based mining company El Dorado Gold (EGO) suspended its dividend in March 2016 as a result of

Question:

Canadian-based mining company El Dorado Gold (EGO) suspended its in March 2016 as a result of declining gold prices and delays in obtaining permits for its mines in Greece. Suppose you expect EGO to resume paying annual dividends in two years time, with a of $0.25 per share, growing by 2% per year. If EGO's equity is 10%, what is the value of a share of EGO today?
Cost Of Capital
Cost of capital refers to the opportunity cost of making a specific investment . Cost of capital (COC) is the rate of return that a firm must earn on its project investments to maintain its market value and attract funds. COC is the required rate of... Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...