Question: In early 2 0 1 8 , Coca - Cola Company ( KO ) had a share price of $ 4 5 . 1 4

In early 2018, Coca-Cola Company (KO) had a share price of $45.14, and had paid a dividend of $1.44 for the prior year. Suppose you expect Coca-Cola to raise this dividend by approximately 6.4% per year in perpetuity.
a. If Coca-Cola's equity cost of capital is 8.2%, what share price would you expect based on your estimate of the dividend growth rate?
b. Given Coca-Cola's share price, what would you conclude about your assessment of Coca-Cola's future dividend growth?
a. If Coca-Cola's equity cost of capital is 8.2%, what share price would you expect based on your estimate of the dividend growth rate?
Coca-Cola's price per share should be $,(Round to the nearest cent.)
 In early 2018, Coca-Cola Company (KO) had a share price of

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