Question: Given that dividends on a share are expected to remain indefinitely at $1 p.a. and that the required rate of return for the level of

Given that dividends on a share are expected to remain indefinitely

Given that dividends on a share are expected to remain indefinitely at $1 p.a. and that the required rate of return for the level of risk on such a share is 15%, the correct price for this share: Select one: O a. cannot be determined without further information O b. is $6.67 O c. is $1.00 d. cannot be determined without regard to the management structure of the firm

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