Thulasizwe's shares are selling for R72 today and have paid a dividend of R1.50 per share for the year 2020. The required rate of return on equity is 10.50%. What is the constant dividend growth rate of Thulasizwe that would be required to justify the market price of R72?

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Answer rating: 100% (QA)

To determine the constant dividend growth rate that would be required to justify the market ... View the full answer