The best estimate of the stock price per share would be 9.03 Per Share.
What is share?
A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets. The term "share capital" describes all of an organization's shares. A shareholder (or stockholder) of a corporation is someone who owns shares in that company. A share represents the ownership connection between the firm and the shareholder and is an immovable unit of capital. A share's face value, which may not correspond to the market value of those shares, is its denominated value. The entire face value of issued shares is a company's capital. A dividend is the revenue derived from the holding of shares. Equity shares, preference shares, deferred shares, access to wealth, bonus shares, right shares, and shares under employee stock option plans are only a few of the several forms of shares.
Stock Price =D1/(ke-g)
D1 =1.10*(1+3.25%)
ke =13.00%
g =3.25%
Stock Price =(1.10*(1+3.25%))/(13.00%-3.25%) = 9.03 Per Share.
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