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 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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