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What is the value of a share of ego? today

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Problem

Canadian-based mining company El Dorado Gold? (EGO) suspended its dividend in March 2016 as a result of declining gold prices and delays in obtaining permits for its mines in Greece. Suppose you expect EGO to resume paying annual dividends in two years? time, with a dividend of ?$0.75 per? share, growing by 2.2 % per year. If? EGO's equity cost of capital is 9.2 % ?, what is the value of a share of EGO? today?

Reference no: EM131658417

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