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Calculate current share price of Snowflakes Sdn Bhd

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Question - Snowflakes Sdn Bhd expects to grow at current rate of 10% per annum for the next 2 years and then at 8% per annum indefinitely thereafter. Calculate current share price of Snowflakes Sdn Bhd assuming rate of return on equity is 12% per annum and last year dividend is RM1.00 per share.

Reference no: EM133148833

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