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PROBLEM -4 The following information is given for QB Ltd. 12 33 Earning per share Dividend per share Cost of capital Internal Rate of Return

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PROBLEM -4 The following information is given for QB Ltd. 12 33 Earning per share Dividend per share Cost of capital Internal Rate of Return on investment Retention Ratio 18% 22% 75% Calculate the market price per share using i. Gordon's formula ii. Walter's formula

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