What is the value of the shares required rate of return

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Company X paid $2 ordinary share dividends last year. The company policy is to allow its dividend to grow at 5% for 4 years and then the rate of growth changes to 3 % per year from year 5 and on. What is the value of the shares if the required rate of return is 8%

a. Show computation using financial calculators

b. Show computation using formula

Reference no: EM132459571

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