What is the market value at the end of the year

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Question: RLC Company belongs to a risk class * for which the appropriate capitalization rate is 12%. It currently has outstanding 30000 shares selling at $100 each. The firm is contemplating the declaration of dividend of $ 6 per share at the end of the current financial year. The company expects to have a net income of 3,00,000 and a proposal for making new investments of $ 6,00,000. What is the market value at the end of the year?

Reference no: EM133373425

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