Question: 22. Given that dividends on a share are expected to remain indefinitely at $0.50 p.a. and that the required rate of return for the level

22. Given that dividends on a share are expected to remain

22. Given that dividends on a share are expected to remain indefinitely at $0.50 p.a. and that the required rate of return for the level of risk on such a share is 10% and the interest rate is 6%, the correct price for this share is: A. $8.33. B. $5. C. $3. D. none of the options given

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