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XOX Ltd anticipates that is will pay a dividend of $0.40 in six months' time.XOX pays a dividend every six months.The directors of XOX expect
XOX Ltd anticipates that is will pay a dividend of $0.40 in six months' time.XOX pays a dividend every six months.The directors of XOX expect that the dividends will then grow at 6% p.a. compounded semi-annually forever.If the shareholders of XOX require a return on equity of 10% p.a. compounded semi-annually.
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To calculate the current share price of XOX Ltd we can use the Gordon Growth ...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
