Jasho Ltd. paid an ordinary dividend of Shs. 3.60 per share for the year ended 31 March 2005. The management of the company projects that the...

      

Jasho Ltd. paid an ordinary dividend of Shs. 3.60 per share for the year ended 31 March
2005. The management of the company projects that the earnings of the company will
increase in the coming years as follows:
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The investors' required rate of return is 18%.

Required:

Determine the value of an ordinary share in Jasho Ltd. as at 31 March 2005.

  

Answers


Martin
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marto answered the question on February 12, 2019 at 07:40


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