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Question 5 MobiCell Bhd is expected to pay a RM0.50 dividend next year. The dividend is expected to grow at a 30% annual rate for

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Question 5 MobiCell Bhd is expected to pay a RM0.50 dividend next year. The dividend is expected to grow at a 30% annual rate for years 2 and 3, at 20% annually for years 4 and 5, and at 5% annually for year 6 and thereafter. If the required rate of return is 10%. Calculate intrinsic value Mobicell Berhad. Based on your answer, critically appraise the investor's expectation for said share on investment decision making. (20 marks)

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