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4.76% 20.50% 20.898 20.76% Given: Mavkct price per sharc PHP 100. dlvidend growth rate 16%. proiectcd dividend pct sharc (for ncgt year) PHP 4.50. underpricing

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4.76% 20.50% 20.898 20.76%

Given: Mavkct price per sharc PHP 100. dlvidend growth rate 16%. proiectcd dividend pct sharc (for ncgt year) PHP 4.50. underpricing per share PHP 4. notation cost per Share PHP 60. Compute for the enst ret.'Fned 0 20.90%

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