KRAL8076 KRAL8076

03-06-2023
Business

contestada

Miss Kate intends to purchase Haikara Berhad common stock at RM60 per share and hold it for one year and sell after a dividend of RM8 is paid. Determine the stock price in year one (1) if the required rate of return is 14 percent. Answer:
A. RM54.69 B. RM52.98 C. RM46.48 D. RM60.40

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