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Calculate the Growth Rate in Wesfarmers Ltd Dividends Given Its

Question 67

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Calculate the growth rate in Wesfarmers Ltd dividends given its annual dividend has increased from $0.73 in 2000 to $1.80 in 2013.Assuming this growth rate continues and that investors require a return of 12%, estimate the company's share price just after the 2013 dividend was paid.

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