Refer to the previous question. How much should you be willing to pay for the stock if you feel that the 5 per cent growth rate can be maintained indefinitely and you require a 17 per cent return?
A) £22.16
B) £19.28
C) £21.32
D) £23.63
E) £25.46

Question

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The Answer of Refer to the previous question. How much should you be willing to pay for the stock if you feel that the 5 per cent growth rate can be maintained indefinitely and you require a 17 per cent return?
A) £22.16
B) £19.28
C) £21.32
D) £23.63
E) £25.46

Refer to the Previous Question