● 8. XYZ Ltd. is considering its shares in the market at `20. The company pays a dividend of `1 per share and g = 5% p.a. Compute (i) Ke, (ii) if g = 6% p.a. what would be current market price Po, (iii) if Ke = 8% and g = 5% p.a. and D = `1 per share what would be Po?

(where, Ke, cost of equity; g, growth rate; Po, current market price)