An ordinary share is expected to pay its first dividend of $3 in 4 years. The dividend will be paid each year after that at a growth rate of 3% p.a. forever. If the required rate of return is 10% p.a.

The following equation is used to find the share price today ($X).

Calculate the following variables in the above equation. The variables may or may not be of the same value.

For percentage, round your answer to the nearest 1% (0dp). Do not include the % symbol. Do not use comma separators.

For n, show your answer as an integer (positive or negative). Do not include units like years or months (number only).

For money amounts, round your answer to the nearest cent.

D=

R=

g=

i=

n=