Question: please show the answer in detail. 8. CEPS Group is going to pay an annual dividend of OMR 4.01 a share on its common stock
please show the answer in detail.8. CEPS Group is going to pay an annual dividend of OMR 4.01 a share on its common stock next year. This year, the company paid a dividend of OMR 3.75 a share. The company adheres to a constant rate of growth dividend policy. What will one share of this common stock be worth five years from now if the applicable discount rate is 9.25 percent
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