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3. Yung Wah Enterprises has an annual cash dividend policy that raises the dividend each year by 4%. Last year's dividend was RM0.40 per share.

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3. Yung Wah Enterprises has an annual cash dividend policy that raises the dividend each year by 4%. Last year's dividend was RM0.40 per share. a. What is the value of D1? (2 marks)

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