Question
The shares of company are selling at ? 45 per share. The firm had paid dividend @ ? 4.5 per share last year. The estimated
The shares of company are selling at ? 45 per share. The firm had paid dividend @ ? 4.5 per share last year. The estimated growth of the company is approximately 5% per year. Determine the estimated market price of the equity share if the anticipated growth rate of the firm rises to 8%.
(A) ? 60.45
(B) ? 64.80
(C) ? 65.70
(D) ? 80.35
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
