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Bestari Bhd's common stock is only expected to pay dividends of RM0.60 at the end of the year. The dividend payout ratio and the return

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Bestari Bhd's common stock is only expected to pay dividends of RM0.60 at the end of the year. The dividend payout ratio and the return on equity (ROE) are expected to be 40% and 20% respectively. If the required rate of return is 14%, calculate the value of Bestari Bhd's common stock today

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