A share will pay its next dividend of C1 in one year, and will continue to pay a dividend every year after that forever, growing at a rate of g. So the next dividend will be C2=C1(1+g)1, then C3=C2(1+g)1, and so on forever.
The current price of the share is P0 and its required return is r
Which of the following is NOT equal to the expected share price in 2 years (P2) just after the dividend at that time (C2) has been paid?