Question 6 1.5 pts a A share is expected to pay a dividend of $1 in six months time. The share pays a dividend every six months. The dividends are forecast to grow at 10%pa compounded semi-annually in perpetuity. Shareholders require a retum of 16%pa compounded semi- annually What will be the price of the share in exactly 3.5 years time? Your answer must be in DOLLARS with TWO (2) decimal places. For example, $10.50 would be entered as 10.50 There is 0.05 margin of error which means within a range of 0.05 of the correct answer will be accepted. So in this case answers of 10.45 through to 10.55 will be marked correct