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(b) Mind Wealth Berhad is a transportation company with a current stock price of RM78. The company just paid an annual dividend of RM5, and

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(b) Mind Wealth Berhad is a transportation company with a current stock price of RM78. The company just paid an annual dividend of RM5, and it is expected that the dividend will grow at 4% in the coming two years and then increase by 5% per year thereafter. If your required rate of return is 12%, should you buy the shares? Why? (10 marks)

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