Multiple Choice
Assume that for the past 10 years the growth rate in A Ltd's dividends per share has been 10% p.a.Also assume that this growth rate is to be maintained indefinitely.The latest dividend of 90 cents was paid yesterday.What is the value of A's shares?
A) $18.00
B) $6.60
C) $19.80
D) $3.96
Correct Answer:

Verified
Correct Answer:
Verified
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