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answer follow image: Emergency. Don,t use excel file.Do calculation Robi Axiata Limited has a book value of Tk 100 per share. Based on CAPM model,
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Emergency. Don,t use excel file.Do calculation
Robi Axiata Limited has a book value of Tk 100 per share. Based on CAPM model, investors require an expected return of 10%. The company plans to invest a significant portion of their newly raised capital from IPO for network improvement. Analysts expect that return on equity will be 15% for the next three years and the company plans to retain 70% of their profit for further investment. After year 3, the ROE is expected to drop 10% and payout ratio increases to 0.6. What will be the stock value per share todayStep by Step Solution
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