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XYZ Bank is expected to pay a dividend of Rs 12 per share after one year. The dividends are not likely to grow in future.
XYZ Bank is expected to pay a dividend of Rs 12 per share after one year. The dividends are not likely to grow in future. Appropriate discount rate is 12% p.a.
What is the likely market price of its shares now based on the Gordons Growth Model?
Select one:
a. Rs 200
b. Rs 100
c. Rs 12
d. Rs 24
e. Rs 1000
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