Question: Dividend distributed by XYZ A. this year is 3 TL per share. In the next 2 years, dividends are expected to increase by 10% annually,

Dividend distributed by XYZ A. this year is 3 TL per

Dividend distributed by XYZ A. this year is 3 TL per share. In the next 2 years, dividends are expected to increase by 10% annually, then the growth rate will be 5% forever. Investors expect at least 14% annual profitability (return) from this stock. How much do you have to pay today if you want to buy this stock? A) 38,88 TL 1002 B) 54,90 TL C) 12,50 TL D) 40,00 TL E) 42,70 TL

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