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Homework answers / question archive / Shikazi Bhd is experiencing rapid growth
Shikazi Bhd is experiencing rapid growth. Dividends are expected to grow at 12% per year during the next 3 years, and then 8% per year indefinitely . The required rate of return on this common stock is 16% and the stock currently sells for RM33.60 per share. What is the expected dividend for the coming year (D1) ?
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