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Saszuana Bhd. has just paid dividend of RM2.00. The dividend is expected to decline by 10% in the next two years, but to grow at
Saszuana Bhd. has just paid dividend of RM2.00. The dividend is expected to decline by 10% in the next two years, but to grow at 12% in the third year and at a constant rate of 8% thereafter. Find the price at year 3. Select one: a. 22.50 b. 24.50 c. 20.15 d. 19.54
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