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Jabir SAOG earns a rate of 15% on its total investment of RO 600,000 in assets. It has 600,000 outstanding common shares at RO 100

Jabir SAOG earns a rate of 15% on its total investment of RO 600,000 in assets. It has 600,000 outstanding common shares at RO 100 per share. Discount rate of the firm is 12.5% and it has a payout ratio of 37.5 of the earnings. Determine the price of its share using Gordons Model

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