Question 3 (answer all parts of this question) a) Orpheus plc has just paid an...
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Question 3 (answer all parts of this question) a) Orpheus plc has just paid an annual dividend of 1.40, for the accounting year 2020 and is expected to increase the annual dividends by 14% per year for the next 6 years and thereafter by 2% per year for ever. If the equity cost of capital for Orpheus plc is 10% per year, estimate the share price. (7 marks)
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