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The following data relate to a firm: earnings per share Rs 10, capitalisation rate 10 per cent, retention ratio 40 per cent. Determine the price
The following data relate to a firm: earnings per share Rs 10, capitalisation rate 10 per cent, retention ratio 40 per cent. Determine the price per share under Walters and Gordons models if the internal rate of return is 15 per cent, 10 per cent and 5 per cent.
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