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Suppose a companys annual dividend of $12 has just been paid. If the long-term growth rate is 4% and the required return on equity is
Suppose a companys annual dividend of $12 has just been paid. If the long-term growth rate is 4% and the required return on equity is 9%, using the Gordon growth model, the companys value per share is closest to: (5 marks)
Question2 Discuss why EVA is gaining fame as a business valuation methods(5 marks)
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