Question: Pls guide for solution with formula. A share has just paid an annual dividend of $4.07, and this dividend is expected to grow at a

Pls guide for solution with formula.

A share has just paid an annual dividend of $4.07, and this dividend is expected to grow at a constant rate of 3.8% p.a. in perpetuity.If the required rate of return is 10.8% p.a., what is the value of the share?

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