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c) Use the constant-growth model to calculate the value of the common stock for each firm shown in the following table. FIRMS DIGI CELCOM MAXIS

c) Use the constant-growth model to calculate the value of the common stock for each firm shown in the following table.

FIRMS DIGI CELCOM MAXIS UMOBILE TIME
Dividend expected next year (RM) 1.00 3.50 0.50 7.00 3.00
Dividend growth rate 9 % 5 % 10% 10% 8%
Required return 12 % 15 % 13% 7% 13%

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