Question 3 1 points View Rubric First read these instructions carry To earn marks for this question, you must upload a photo of your handwritten workings. On a clean sheet of paper, write down your workings (in formula form and the timeline) and your final answer. Listing your Calculator Steps are not full workings, and for your reference only. Place your photo ID (ECU Student ID card, drivers licence or passport) alongside your handwritten workings. Take one photo of your full workings, save it on your computer, and upload your file. Ensure your file is in JPEG, not HEIC format. Turn off the 'Live' function on your phone's camera Your answer will be marked manually by teaching staff, so your results for the test will not be immediately finalised when you submit this test. Final scores are within a week after the due date of the test. Do not email your lecturer the photo file after the test has completed. Your workings must be marked within the test portal. The question is as follows: JC Foods plans to pay its shareholders an upcoming annual dividend of $1.25 per share. For the next four years (from today), dividends are expected to grow 7% pa After that, dividends will grow at a rate of 4% p.a. indefinitely What is the value of these shares to you, if your required rate of return is 6% pa.? (Express your answer in dollars to two decimal places. Ensure you use four or five decimal places in your workings to reduce rounding errors), Attach File Browse My Computer