Lucky Business is expected to pay a dividend of $5.74 per share one year from...
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Lucky Business is expected to pay a dividend of $5.74 per share one year from today. The firm's shareholders have a required rate of return of 11.53% per annum and its dividends are forecast to grow at 5.09% per year in perpetuity. Based on the given information, the share price of Lucky Business today should be $ ______ per share. a. $80.22 b. $93.67 c. $36.29 d. $32.78 e. $89.13 f. $98.04 g. $106.96 h. $115.87
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