interpreted mange the next year of RM100. The company plum to top ang nayoor for restent for the next subsequent years is starting in yow will only up 50% as retained earnings. After that it will only beep 25% of rotated earning. The amount that is notkup ds retained earnings will be distributed or a dividend Every year until year, the earnings growth rate is at 20% however after that it will be 5x projected forest Hakeem Enterprise cost of capital is 8%, what is the estimated price of the shore? Use the dividend discount model to calculate the estimated price per share. marka/maries Click Formula 2 A- B 1 (169) (1+3) Year (t) D. (2008) Present value of dividends (RM) 14 15