Compute price of common stock

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Reference no: EM132929526

Problem 1: Ecology Bhd. will pay a dividend of RM3.00 per share in the next 12 months (D1). The required rate of return (ke) is 10% and the constant growth rate is 5%. Compute Price of common stock.

Select one:

a. RM70.00

b. RM60.00

c. RM100.00

d. RM42.86

Reference no: EM132929526

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