What is the estimate value of dynamite industries

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Dynamite Industries paid a dividend of RM1.65 for its common stock yesterday. The dividends of company are expected to grow at 9% per year indefinitely. If the risk free rate is 3% and investors' risk premium on this stock is 8%, what is the estimate value of Dynamite Industries stock 2 years from now?

Reference no: EM13261606

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