Lucky Business has just paid a dividend of $11.33 per share yesterday. The firm's shareholders have a

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Question:

Lucky Business has just paid a dividend of $11.33 per share yesterday. The firm's shareholders have a required rate of return of 13.73% per annum and its dividends are forecast to grow at 1.38% per year in perpetuity. Based on the given information, the share price of Lucky Business today should be $ ______ per share.

a. $91.74

b. $65.10

c. $76.02

d. $73.95

e. $74.41

f. $83.71

g. $93.01

h. $102.31