AZIZAH Berhad paid a dividend of RM3

Finance Jan 14, 2021

AZIZAH Berhad paid a dividend of RM3.00 on its ordinary share yesterday. The company's dividends are expected to grow at a constant rate of 5% indefinitely. The required rate of return on this share is 17%. You observe a market price of RM27.50 for the share. What is the value of the share?

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