Section A (10) 2.1 Lebohang Holdings Ltd's most recent dividend was 20c per ordinary share. The company's dividends are expected to increase by 14% annually over the next three years. At the end of the three years the growth rate is expected to decrease to 11% indefinitely. The company's required rate of return is 15% p.a. Using the variable growth rate determine the economic value of a Lebohang Holdings Ltd's ordinary share