Hunting Capital Ltd just paid a Dividend of $1.3 per share. The required rate of return on the company…

Hunting Capital Ltd just paid a Dividend of $1.3 per share. The required rate of return on the company…

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Hunting Capital Ltd just paid a Dividend of $1.3 per share. The
required rate of return on the company performance is 20% p.a .
It is expected that the dividend payment will grow at 2.4% p.a
indefinitely.
What is the estimated share price today for the company?

Expert Answer:

Answer rating: 100% (QA)

We can use the Gordon Growth Model to estimate the share price of Hunting Capital Lt
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