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d. Hanif Corporation paid dividend of RM2.50 per share last year. The company's current stock price is RM80. If dividends are expected to grow at

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d. Hanif Corporation paid dividend of RM2.50 per share last year. The company's current stock price is RM80. If dividends are expected to grow at a 8% constant rate and the required rate of return is 10%. what will be the company's stock price at year 8? (4 marks)

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