Emaar common stock paid AED 6 in dividends last year. Dividends are expected to grow at a 6 percent annual rate for an indefinite number of years. If your required rate of return is 12 percent, what is the value of the stock for you? ANSWER FORMAT: 1234.56

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Real Estate

Real estate means ownership of land along with the assets and natural resources that exist on the land. These properties are in real/physical form which is tangible. Real estate simply means land or addition made to land permanently like constructing a residence or different buildings. People invest in real estate to either reside or for wealth creation. Many people investing in real estate further lend the place for occupation or businesses in return for a monthly payment.