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a) ABC Berhad paid RM1.50 dividend per ordinary share last year. The companys policy is to allow its dividend to grow at 5% for four
a) ABC Berhad paid RM1.50 dividend per ordinary share last year. The companys policy is to allow its dividend to grow at 5% for four years. What is the value of the ordinary share of ABC Berhad if the required rate of return is 8%?
Continue from situation in a), the rate of growth changes to 3% per year from Year 5 and onwards. What is the value of the ordinary share of ABC Berhad if the required rate of return maintains at 8%?
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