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Jefferys Mart Ltd paid $4.5 dividend last year. If the Jefferys Mart return on equity is 36% and its retention rate is 37%, what is

Jefferys Mart Ltd paid $4.5 dividend last year. If the Jefferys Mart return on equity is 36% and its retention rate is 37%, what is the growth rate of the ordinary share?

12.12%

9.73%

13.32%

13.23%

Question -7:

From the information in Question 6, if the investors require a 18% return what is the value of Jefferys Mart shares?

$109.99

$108.96

$107.69

$96.15

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