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ABC Co. reported income of Rs. 3 million with earnings per share of Rs. 9. The stock price is Rs. 12 per share. The return
ABC Co. reported income of Rs. 3 million with earnings per share of Rs. 9. The stock price is Rs. 12 per share. The return on equity from the past data is averaged as 14 percent which is expected to continue into the future. The next dividend is estimated to be Rs. 5 per share. Find a) growth rate using constant growth model and b) stock return
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