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A share distributes annual dividends of 10 dinars, and the profits are expected to grow...

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Finance

A share distributes annual dividends of 10 dinars, and the profits are expected to grow annually by 4%. If the discount rate is 7%, what is the appropriate price for this share?

Select one:

a. 250

b. 142.8

c. 333.3

d. 90.9

Answer & Explanation Solved by verified expert
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