Alamaya Berhad is experiencing a period of rapid growth. Earnings and dividends are expected to grow at
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Question:
Alamaya Berhad is experiencing a period of rapid growth. Earnings and
dividends are expected to grow at rate of 15 percent during next 2 year
and at 13 percent in the third year. after that the dividend growth rate
will maintain to 6 percent at constant rate per year indefinitely.
Alamaya's last dividend was RM1.10 and required rate of return on the
stock is 12 percent. Calculate the value of the stock.
Posted Date: