CASE 3 (12 marks): Select any Egyptian stock of your choice. Find out the value of the last dividend issued. Ascertain the growth rate of this corporation's dividends, using information from the corporation's financial statements, and assuming that the dividends grow at a constant rate. Assume your own required rate of retum for the selected stock, given that the risk- free rate of return in Egypt is currently 13%. Calculate the present value for this stock, using the constant growth rate ascertained earlier Find out the market price of this stock and compare it to the present value you have calculated. State whether you should buy this stock or not and why. CASE 3 (12 marks): Select any Egyptian stock of your choice. Find out the value of the last dividend issued. Ascertain the growth rate of this corporation's dividends, using information from the corporation's financial statements, and assuming that the dividends grow at a constant rate. Assume your own required rate of retum for the selected stock, given that the risk- free rate of return in Egypt is currently 13%. Calculate the present value for this stock, using the constant growth rate ascertained earlier Find out the market price of this stock and compare it to the present value you have calculated. State whether you should buy this stock or not and why