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Non It UNDERPRICED by $0.0813 O It is UNDERPROCED by $0.1591 It is OVERPRICED by...

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Non It UNDERPRICED by $0.0813 O It is UNDERPROCED by $0.1591 It is OVERPRICED by 50.1591 It is OVERPRICED by 0.0813 Question 13 1 pts Regincome Ply Ltd is a company that pays its shareholders a very regular and consistent dividend stream forever: an $0.09 dividend at the end of every month except December, and a large $1.00 dividend every December. What is the total equity value for Regincome on 1st January 2021 given the following information The cost of equity capital is a 10% effective annual rate The total number of shares outstanding is 250,000 . Assume the first dividend ($0.09) is in exactly 1 month from today, then 2 months, and so on. The next $1.00 annual dividend is in exactly 1 year from today, Any intermediate steps should be rounded to 4 or more decimal places. Provide your FINAL answer to the nearest dollar and exclude the dollar sign ($i Fores $10,784.6518 should be input as 10785

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