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Question B5 B.5a. Jacob Motor Ltd paid a $3.50 ordinary share dividend last year. If the company's ordinary share dividends are expected to have a

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Question B5 B.5a. Jacob Motor Ltd paid a $3.50 ordinary share dividend last year. If the company's ordinary share dividends are expected to have a growth rate of 5% p.a., what is the value of each ordinary share if ordinary share investors require a 20% rate of return? (2marks)

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