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4.5 SAFARINET stock has an expected ROE of 10% per year, expected earnings per share of R5 and expected dividends of R4 per share. The

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4.5 SAFARINET stock has an expected ROE of 10% per year, expected earnings per share of R5 and expected dividends of R4 per share. The required rate of return is 12%. Calculate the: 4.5.1 expected growth rate for SAFARINET. 4.5.2 intrinsic value of SAFARINET's stock. (4)

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