CEPS Group just paid an annual dividend of OMR 2.45 a share. The firm plans to increase the annual dividends by 4 percent over the next 3 years. After that time, the dividends will be held constant at...

CEPS Group just paid an annual dividend of OMR 2.45 a share. The firm plans to increase

the annual dividends by 4 percent over the next 3 years. After that time, the dividends will be

held constant at OMR 3.5 per share. What is this stock worth today at a 11 percent discount

rate?