QUESTION 7

b) MNM Ltd. has a current dividend of sh. 2.00 per share. The following are the expected

annual growth rates for the dividend: Year

Dividend growth rate (%)

1 - 3

4 - 6

7 - 9

10 and thereafter indefinitely

25

20

15

9

QUESTION 7 b) MNM Ltd. has a current dividend of $ 2.00 per share. The following are the expected annual growth rates for the Dividend growth rate (%) dividend: Year 1 - 3 25 4-6 20 7-9 15 10 and thereafter indefinitely