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Barclays bank of Kenya Ltd dividends are expected to grow at the rate of 12% indefinitely. If the current dividend is Ksh.10/= per share and

  1. Barclays bank of Kenya Ltd dividends are expected to grow at the rate of 12% indefinitely. If the current dividend is Ksh.10/= per share and the required rate of return is 15%. Calculate the market value of Barclay Bank of Kenya Limited Shares.

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