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Hi, can you please answer this in simple terms :) Thanks! GHI Inc. has just paid a dividend of $0.30 per share on its ordinary
Hi, can you please answer this in simple terms :) Thanks!
GHI Inc. has just paid a dividend of $0.30 per share on its ordinary shares. The dividend is expected to grow at 18% for the next two years, after which it is expected to grow at 4% indefinitely. If the required rate of return for the share is 10% per annum, calculate the current value (rounded to the nearest cent) of an ordinary share of GHI IncStep by Step Solution
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