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QUESTION SIX The current price of company B operating in an efficient market is K100 per share The expected dividend at the end of one

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QUESTION SIX The current price of company B operating in an efficient market is K100 per share The expected dividend at the end of one year is K10 per share while the expected prices K150. Is the expected price of K150 consistent with the efficient markets theory if the equilibrium return in the market is 20% ? If not, what should the current price be it the (20 marks forecasts are rational

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