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Solve both parts The Beta Coefficient of Target Ltd. is 1.4. The company has been maintaining 8% rate of growth in dividends and earnings. The

Solve both parts

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The Beta Coefficient of Target Ltd. is 1.4. The company has been maintaining 8% rate of growth in dividends and earnings. The last dividend paid was 4 per share. Return on government securities is 10%. Return on market portfolio is 15%. The current market price of one share of Target Ltd. is 336. i. What will be the equilibrium price per share of Target Ltd. ? ii. Would you advise purchasing the share

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