International Development homework help

The Anderson Pipe Co. just paid an annual dividend of $3.75 and is expected to grow at 8% for the foreseeable future. Harley Bevins generally demands a return of 9% when he invests in companies similar to Anderson.(a.) What is the most Harley should be willing to pay for a share of Anderson?(b.) Is your answer reasonable? What’s going on here? What should Harley do with this result?The Anderson Pipe Co. just paid an annual dividend of $3.75 and is expected to grow at 8% for the foreseeable future. Harley Bevins generally demands a return of 9% when he invests in companies…