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on 2 E ed d out of This quiz comprises two parts. You should attempt to answer both parts of the question. Do not round
on 2 E ed d out of This quiz comprises two parts. You should attempt to answer both parts of the question. Do not round calculations until providing your final answer to each question. Final answers should be rounded to 2 decimal places. Byron Ltd. Has a share price of $76 and has just paid its annual dividend. The required rate of return on the company's shares is 9% p.a. a) If dividends are expected to grow at a constant rate and the next dividend is expected to be $3.80, what is the growth rate implied by the current share price? b) Based on your answer to part (a), what is the value of the dividend that has just been paid? on 1 A B
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