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In 2021, Beximco Limited paid Tk 4 per share as dividend to its shareholders. The companys dividends are expected to grow at 8% per year

  1. In 2021, Beximco Limited paid Tk 4 per share as dividend to its shareholders. The companys dividends are expected to grow at 8% per year forever. If the expected return on Beximco share is 15%, what should be its price today? Given that the earnings per share of Beximco Limited is expected to be Tk. 6 next year, find out what is its expected price-earnings multiple now.

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