CEPS Group is going to pay an annual dividend of OMR 2.27 a share on its common stock next year. This year, the company paid a dividend of OMR 2.15 a share. The company adheres to a constant rate of...

CEPS Group is going to pay an annual dividend of OMR 2.27 a share on its common stock

next year. This year, the company paid a dividend of OMR 2.15 a share. The company

adheres to a constant rate of growth dividend policy. What will one share of this common

stock be worth five years from now if the applicable discount rate is 8.75 percent?