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STOCK VALUATION 7. Sakinah wants to buy stocks from Syarikat Megah Holdings which currently pays an RM0.90 per unit of common dividend. Megah Holdings recently

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STOCK VALUATION 7. Sakinah wants to buy stocks from Syarikat Megah Holdings which currently pays an RM0.90 per unit of common dividend. Megah Holdings recently issued a statement to its new investors that the first four years of investment period, the dividend will grow annually by 5%. Year five onwards, the growth is expected to revise at 3% while the required rate of return is assumed to stay at 6.5%. If Sakinah wants to buy 10,000 units of Megah's common stocks, what is the total amount needed by her

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