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[2] 3. A share is valued at R200 today. The next dividend, which will be paid in 3 months time, is expected to be R9.40.

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[2] 3. A share is valued at R200 today. The next dividend, which will be paid in 3 months time, is expected to be R9.40. If the share was valued at an interest rate of 11.5%, calculate the expected dividend growth. [3] 4. An annuity pays R100 monthly, starting today. The annuity is valued at 3552.47 when using an interest rate of 18% p.a. convertible monthly. Calculate the number of payments n that this annuity will pay out

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