Question
2. a) iCard pie starts to pay an annual dividend of 2 a share from next year. The dividend is then expected to grow at
2. a) iCard pie starts to pay an annual dividend of 2 a share from next year. The dividend is then expected to grow at 3% every year. Assuming the required return is 7% per year,calculate the market price of iCard pie today. (8 marks)
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Authors: Kristina Ellis
1st Edition
1617951579,1617951730
