Q27 A company earns OMR 10 per share at an internal rate of 15%. The firm has a policy of paying 40% of earnings as dividends. If the required rate of return is 10%, what is the price of the share...

A company earns OMR 10 per share at an internal rate of 15%. The firm has a policy of paying 40% of earnings as dividends. If the required rate of return is 10%, what is the price of the share under Walter model?