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What is the price of the equity share today? Given following information. The company earns Rs. 10 per share and pays Rs 5 per share
What is the price of the equity share today? Given following information. The company earns Rs. 10 per share and pays Rs 5 per share as dividend in the current year. Its earnings and dividend are expected to grow at 20% p.a. for the next 5 years and then at a rate of 4% indefinitely. The capitalisation rate is 11% p.a
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