Question
AZIZAH Berhad paid a dividend of RM3.00 on its ordinary share yesterday. The company's dividends are expected to grow at a constant rate of 5%
AZIZAH Berhad paid a dividend of RM3.00 on its ordinary share yesterday. The company's dividends are expected to grow at a constant rate of 5% indefinitely. The required rate of return on this share is 17%. You observe a market price of RM27.50 for the share. What is the value of the share?
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Principles Of Managerial Finance Brief
Authors: Chad J. Zutter, Scott B. Smart
8th Global Edition
1292267143, 978-1292267142
