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The estimated growth rate in dividends for an organization is 6% per annum. It has just paid a dividend of 14.0p per share, and the
The estimated growth rate in dividends for an organization is 6% per annum. It has just paid a dividend of 14.0p per share, and the companys cost of equity capital is 11% per annum. According to the dividend valuation model, the value of a share will be:
A. 1.40
B. 2.47
C. 2.80
D. 2.97
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