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9. ABC plc has been experiencing a period of rapid growth. It recently paid a dividend of Euro 10 and expects the dividend to grow
9. ABC plc has been experiencing a period of rapid growth. It recently paid a dividend of Euro 10 and expects the dividend to grow at 20% for the next 2 years. Thereafter it expects dividends to grow at 5%. Based on this information and a discount rate of 12%, what is the price of ABC plc? a) 194.39 b) 187.35 345,65 24.56 30323
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Modern Auditing Study Guide
Authors: Walter G. Kell
4th Edition
0471619434, 978-0471619437
