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Question 4. Problem Solving Questions ARAMCO has a dividend growth rate of 0.0495% from year 2019-2022. The company paid a dividend of SAR 0.3518

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"Question 4. Problem Solving Questions" ARAMCO has a dividend growth rate of 0.0495% from year 2019-2022. The company paid a dividend of SAR 0.3518 per share for each quarter in year 2021. Assuming a required rate of return of 3.5%, answer the question below: a. Find the fair price of ARAMCO (2 marks) b. Is the stock traded as over-priced/fairly priced/underpriced? Please refer to figure below for current market price (LAST PRICE) (2 marks) Date & time 08/06/2022, 14:03 (GMT+03:00) Share Last High Low (-/+) % Bid Ask Volume Saudi Aramco 40.55 40.85 40.40 0.05A 0.12 A 40.55 40.60 1.782.127

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