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Q4. The current ex-div market price of the ordinary shares of Bamboo plc is 3.05 and a dividend of 15p will be paid shortly. The

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Q4. The current ex-div market price of the ordinary shares of Bamboo plc is 3.05 and a dividend of 15p will be paid shortly. The dividend growth is expected to be 10% per year. What is Bamboo plc's cost of equity? (1 marks)

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