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Based on corporations ABC financial statements investor estimates book value of ABC share at 32,5 PLN and the company ROE at 22% per year. Assuming
Based on corporations ABC financial statements investor estimates book value of ABC share at 32,5 PLN and the company ROE at 22% per year. Assuming the required rate of return equals 16% per year and dividend growth rate for ABC is 4,5% per year calculate ABC share price (applying residual income valuation approach)
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