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 ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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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