The market value of the ordinary shares of Gallic Ltd is 80,000. The shareholders expect to receive

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The market value of the ordinary shares of Gallic Ltd is £80,000. The shareholders expect to receive £ 10,000 per year in dividends in the future. What discount rate are the shareholders applying to their expected dividend stream to arrive at the valuation?

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Accounting An Introduction

ISBN: 193112

1st Edition

Authors: Arthur Hindmarch, Etc.

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