Answer the questions from the information provided. Use the Gordon growth model to estimate the cost of the ordinary shares of AMN Limited from the information provided below. 5.1 INFORMATION The present value of an AMN Limited ordinary share is R60, the expected dividend at the end of Year 1 is R5 and the expected growth rate in dividends is 11% p.a.

Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter7: Corporate Valuation And Stock Valuation
Section: Chapter Questions
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Answer the questions from the information provided.
Use the Gordon growth model to estimate the cost of the ordinary shares of AMN Limited from the
information provided below.
5.1
INFORMATION
The present value of an AMN Limited ordinary share is R60, the expected dividend at the end of Year 1 is R5 and the
expected growth rate in dividends is 11% p.a.
Transcribed Image Text:Answer the questions from the information provided. Use the Gordon growth model to estimate the cost of the ordinary shares of AMN Limited from the information provided below. 5.1 INFORMATION The present value of an AMN Limited ordinary share is R60, the expected dividend at the end of Year 1 is R5 and the expected growth rate in dividends is 11% p.a.
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