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Consider the equity of a public company which is enjoying rapid growth. The dividend per share a year from today will be 100. During the
Consider the equity of a public company which is enjoying rapid growth. The dividend per share a year from today will be 100. During the following 3 years the dividend will grow at 6% p.a. After that, growth will equal 3% per year. Calculate the share value if the required return is 8%? $2,163.60 $0 $2,500 $2,117.90
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