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QUESTION 1 Required: a. Discuss if a company does not pay dividends, does it mean it is worthless? (25 marks) b. Discuss the use of

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QUESTION 1 Required: a. Discuss if a company does not pay dividends, does it mean it is worthless? (25 marks) b. Discuss the use of the required rate of return, the expected rate of return and the actual return in investment appraisal and performance evaluation. Give as many examples as possible. (25 marks)

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