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QUESTION 9 (Carrying on the information from Q8) What is the terminal price of ABC Ltd at time t-3? (round to 2 decimal places) 2

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QUESTION 9 (Carrying on the information from Q8) What is the terminal price of ABC Ltd at time t-3? (round to 2 decimal places) 2 points Save Arywer QUESTION 10 2 points Save Ar (Carrying on the information from Q8) Assume the firm wants to change the dividend policy in year 3. Instead of reducing the retention ratio to 30% from 50%, the firm decides to increase it to 80%. Would you expect the stock prices (at time 0) to increase, decrease or remain unchanged under this new policy? T T T Arial 3 (12pt) T. Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Window 4 W P X N MacBook Air GL R //

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