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value of a share? QUESTION TWO Lawrence Industries expects to pay a dividend of BHD 4.00 at the end of 2019. The dividends paid on

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value of a share? QUESTION TWO Lawrence Industries expects to pay a dividend of BHD 4.00 at the end of 2019. The dividends paid on stock over the past 6 years were as follows: Year 2020 2019 2018 2017 2016 2015 Dividend 3.900 3.750 3.450 3.250 3.150 2.900 (i) Calculate the annual rate at which dividends have grown from 2013 to 2018. (ii) If Lawrence Industries shares are currently trading for BD50.00, what is the firm's cost of equity? School of Business Apr-22

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