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Question 2 a. Mr. Murad, a retired army officer, plans to invest some money in ordinary stocks. If he expects a return of 14 percent

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Question 2 a. Mr. Murad, a retired army officer, plans to invest some money in ordinary stocks. If he expects a return of 14 percent from his investment. What will be the value of the stock based on the following conditions? i. Current dividend RM0.95, constant growth rate of dividend 6 percent. (4 marks)

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