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Assume the share price of Nedbank is R135. The company recently paid a dividend of R5.50 per share for the 2020 fiscal year. Expected return
Assume the share price of Nedbank is R135. The company recently paid a dividend of R5.50 per share for the 2020 fiscal year. Expected return on equity is 15% and the company normally distributes 40% of its earnings. Find the required rate of return for the companys shareholders.
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