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What will be maximum price will recommend the investor

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Reference no: EM132750301

Problem 1: 1 investor is contemplating the purchase of equityshares of a Company which had paid a dividend of 5$ per share in the last year. The Dividend growth rate is 6%. The required rate of return on the equity shares is 15%. What will be maximum price you will recommend the investor to buy the equity share of the company.

Reference no: EM132750301

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