Question
Satria Berhad's preferred share is now selling at RM14 per share. The company pays RM0.90 dividend at the end of each year. They estimated that
Satria Berhad's preferred share is now selling at RM14 per share. The company pays RM0.90 dividend at the end of each year. They estimated that the share will sell for RM18 at the end of next year. Calculate the value of the share today if the expected rate of return is 12 percent. (3 marks)
hand written please
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The Legaltech Book
Authors: Susanne Chishti ,Sophia Adams Bhatti ,Akber Datoo ,Drago Indjic
1st Edition
1119574277, 978-1119574279
