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Zahid Bhd share pays a RM5.50 dividend at the end of the year. The preferred share price expected to be RM120. If you require a

Zahid Bhd share pays a RM5.50 dividend at the end of the year. The preferred share price expected to be RM120. If you require a 15 percent rate of return, what would you pay for the share now? (3 marks)

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