Question
10. Determine the market price of a share of LMN Ltd., given ke = 11% E = 20 r = (i) 12%; (ii) 11%;
10. Determine the market price of a share of LMN Ltd., given ke = 11% E = 20 r = (i) 12%; (ii) 11%; and (iii) 10% The market price be determined if - (a) b = 90% (b) b = 60% and (c) b = 30%
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