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Double Steel Industries (M) Sdn Bhd common share paid a dividend of RM3.35 per share last year. The company anticipates that its earnings and dividends

Double Steel Industries (M) Sdn Bhd common share paid a dividend of RM3.35 per share last year. The company anticipates that its earnings and dividends to grow at a rate of 2.5 percent per year for the foreseeable future. Based on the information, calculate (i) the required rate of return if the price per common share is RM18.85. (5 marks) (ii) the new required rate of return if the price per common share is RM16.85 by expecting earning and dividends to grow at 4 percent annually. (5 marks

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