Question: Save Ant QUESTION 4 20 points Matt is using dividend growth model to price common shares of DGM Inc which has just paid $1 of

Save Ant QUESTION 4 20 points Matt is using dividend growth model to price common shares of DGM Inc which has just paid $1 of dividend this year. He finds that the price should be $20.4. DGM Inc. has a beta of 2 and risk free rate is 3%. If return on the market portfolio is 5%, calculate the growth rate of dividends. Show your steps. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI V S Paragraph Arial 14px A 2 I. %D a 5 x? X2 & 99 92 (1) v

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