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Expected next year sales about RM100 million. The firm has 5 million shares outstanding, net profit margin 10 percent and retention rate is 60 percent.
Expected next year sales about RM100 million. The firm has 5 million shares outstanding, net profit margin 10 percent and retention rate is 60 percent. Find: i) Estimated net earnings for next year Expected dividends per share Expected price (assume the P/E ratio is 30 times earnings) iv) Holding period return for next year (assume latest stock price: RM35 per share
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