What is the current price for this share

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Question - John West is interested in buying shares in Appen Ltd. which is growing at a constant rate of 10 per cent. Appen Ltd. just paid a dividend of $0.5. The required rate of return is 15 per cent.

(a) What is the current price for this share?

(b) What would be the price of this share in five years?

Reference no: EM133004679

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