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The main stock of Bombini Company are sold in the market at a price of RM 46 and the company pays an annual dividend of
The main stock of Bombini Company are sold in the market at a price of RM 46 and the company pays an annual dividend of RM 3.22 per share. (a) What is the expected rate of return for the stock? (b) If the investor's required rate of return is 6%, what is the value of the share to the investo (c) Based on the rate of return required by investors, is this stock an attractive/profitable investment
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