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solve as soon as possible Checker Ltd. forecasts that its dividend will grow at 20% per year for the next four years. The price of

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solve as soon as possible

Checker Ltd. forecasts that its dividend will grow at 20% per year for the next four years. The price of the stock is expected to be Rs 165 at the end of 4 years. The dividend in the current year is Rs 12; Expected rate of return = 15%. What is the fair value of the stock now? (10 marks)

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