Kiki plc has a policy of paying a $4 per share dividend a year. This policy is to be continued indefinitely. If you buy the share today and it pays the first dividend in one year's time, what is the value of Kiki's share if the required return is 25%?

Answer rating: 100% (QA)

The value of a share in Kiki plc can be determined using the Gordon Growth Model ... View the full answer