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The ordinary shares of Karooba Co have a nominal value of $0.5 per share and a cum dividend market share price of $5.75 per share. A dividend of $0.55 per share is about to be paid. Dividends are expected to grow at 5% for the foreseeable future. Sir i got a answer of 16.1 but the answer is diffrent but 18. Smthing i could not get it please help me sir
Where did you get this question from?
I would like to check it
As from what you have written it looks like 16.1
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