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Consider the following information regarding Seek Ltd (ASX:SEK) in Australia Year 0 Year 1 Year 2 EPS DPS $1.375 $1.625 $0.625 $0.675 Book Value of

Consider the following information regarding Seek Ltd (ASX:SEK) in Australia Year 0 Year 1 Year 2 EPS DPS $1.375 $1.625 $0.625 $0.675 Book Value of Share $20.00 Required Equity Return 6% Share Price on ASX $22.25 Required: a) Assuming Seek will close operations in 2 years' time, value an ordinary share in this company using the Residual Income Method. b) Is Seek fairly valued on the ASX? Please explain fully your response

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