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(b) The following information is taken from ABC Ltd. Net Profit for the year * 30,00,000 12% Preference share capital 1,00,00,000 Equity share capital (Share

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(b) The following information is taken from ABC Ltd. Net Profit for the year * 30,00,000 12% Preference share capital 1,00,00,000 Equity share capital (Share of ? 10 each) 60,00,000 Internal rate of return on investment 22% Cost of Equity Capital 18% Retention Ratio 75% Calculate the market price of the share using : (1) Gordon's Model

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