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On 31 December 2020 company paid dividend in amount of 100,000 PLN. It is expected that dividend will increase each year by 3% pa for
On 31 December 2020 company paid dividend in amount of 100,000 PLN. It is expected that dividend will increase each year by 3% pa for the next 6 years and then it will increase each year with a rate of 2% pa infinitely. What should be the price of such share on 1 January 2021 if market rates are fixed at 8% pa
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