Its current growth rate is expected to be constant in


The market capitalization rate on the stock of Safari Company Ltd. Is 15%. The company has just paid a dividend of GH? 0.80 per share in line with its 55% pay-out ratio. Its current growth rate is expected to be constant in perpetuity. How much will you pay for a share of prang Ltd?

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Financial Management: Its current growth rate is expected to be constant in
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