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Pillai Corporation has an expected dividend of RM1.10 and its growth rate for the next 2 years is 25%, reduced to 15 for the next
Pillai Corporation has an expected dividend of RM1.10 and its growth rate for the next 2 years is 25%, reduced to 15 for the next 2 years and reduced to 8% thereafter indefinitely. The required rate of return is 15%. How much is the value of the stock today/ Is the stock worth to invest if the market price is RM25/share?
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