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Find out the Current dividend per share:
Data
Stock price = $ 65
Return = 11%
Dividend Yield = 11/ 2 = 5.5 % (given)
Formula:
Dividend in one year = dividend yield * current price of stock
Dividend in one year = 5.5% * 65
Dividend in one year = 3.575
Current dividend or dividend in zero period:
Dividend in one year / (1 + dividend yield)
= 3.575 / (1 + 5.5%)
= 3.388
COMMITTEE OF INSPECTION Appointment : A committee of inspection may be appointed by the creditors at their first or any subsequent meeting to supervise the trustee.
a recommendation regarding the current south African vat system
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