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What price is expected for etr share by the investors

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Question: The market expects 12.3 percent returns from the ordinary shares of ETR Ltd, which has just declared a dividend of $3.91 per share. It is anticipated that the earnings and dividends of ETR Ltd share will grow at 17 percent for the next 3 years before settling down to a constant 4.0% growth rate. What price is expected for ETR share by the investors?

Reference no: EM132753610

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