An ordinary share has a current price of R82.50 and is expected to grow at a constant rate of 10 percent.If you require a 14 percent rate of return, what is the current dividend on this share?
A) R3.00
B) R3.81
C) R4.29
D) R4.75
E) R6.13
Correct Answer:
Verified
Q28: Assuming g will remain constant, the dividend
Q29: The last dividend on Spirex Corporation's ordinary
Q30: You are trying to determine the appropriate
Q31: Velcraft Company has 20,000,000 shares of ordinary
Q32: A share of preference shares pays a
Q34: Alpha's preference shares currently have a market
Q35: Ms.Manners Catering (MMC) has paid a constant
Q36: Mesmer Analytic, a biotechnology firm, floated an
Q37: Micromain Company has 10,000,000 shares of ordinary
Q38: If the expected rate of return on
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents