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2. Bank Y maintains two types of stocks: Stock A and Stock B. Each of the stocks paid RO3 for annual dividends. Stock B is
2. Bank Y maintains two types of stocks: Stock A and Stock B. Each of the stocks paid RO3 for annual dividends. Stock B is traded at 8% which is 2% lower than the rate of return for Stock A. The dividend growth however for both stocks is 4%. Compute for the Stocks Values for Stocks A and B. (2 Marks)
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