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Hi, just wondering if i could get a step-by-step answer to these questions with formulas? thank you In 2020 and 2021 Mantel Limited paid a
Hi, just wondering if i could get a step-by-step answer to these questions with formulas? thank you
In 2020 and 2021 Mantel Limited paid a $0.50 dividend to its shareholders. Looking forward to a post COVID environment, it plans to pay $0.60 in 2022, before increasing to $0.70 in 2023, following on dividends will grow indefinitely at 5% per annum. If the required return is 7%, what is the fair value of Mantel Limited shares today (i.e., in 2021)
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