Question: Hi could you please help with the below question and calculation. The last dividend paid to shareholders by Vicinity Centres was $0.10. The constant dividend

Hi could you please help with the below question and calculation.

The last dividend paid to shareholders by Vicinity Centres was $0.10. The constant dividend growth is 7%. An investor is evaluating an investment in the company and he requires a 12% required rate of return. If the current price of the shares are $4.00 per share, should the investor purchase the shares?

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