Multiple Choice Questions
D 12·0 million 12. Kajan plc has recently issued a dividend of $0·20 per share. The company has a constant dividend payout ratio of 30 per cent and achieves a 10 per cent return on new investments. What is the predicted market value of a share in the company? A $1·13. B $2·94. C $6·67. D $7·13 13. ................
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