Find how much would pay for jrl if discount rate is given


JRL Group Limited will pay the dividend of $4.80 this year, and JRL announces it is going to split annual dividends into 2 equal 6-monthly dividend payments from now on. Exactly half of the year's dividend will be paid in six months from now, and other half in year, and this pattern will carry on for every annually-decided dividend. If you anticipate the total dividend every year to increase at 8.2% per annum and the discount rate remains at 18.1% per annum, find how much would pay for JRL?

Request for Solution File

Ask an Expert for Answer!!
Mathematics: Find how much would pay for jrl if discount rate is given
Reference No:- TGS0867888

Expected delivery within 24 Hours