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A company has just paid dividends of Sh 3.00 per share. The company's growth rate is estimated at 12% in the first 3 years, then
A company has just paid dividends of Sh 3.00 per share. The company's growth rate is estimated at 12% in the first 3 years, then 9% in the following two years and then at 6% forever. The required rate of return is 10%. Required Calculate the value of the share today
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