3. Pielago is eyeing for another company to invest her excess funds. She is interested in a publicly listed company, Pandana Co. Based on the available information, Pielage was able to gather the following data: Year Dividend per share 2021 7.93 2020 2019 7.32 7.30 2018 2017 2016 2015 2014 7.27 7.21 7.16 7.05 7.03 Compute the growth rate per share (use constant growth model), assume that the required return on ordinary shares is 5%. Note: Always use two decimal places.
3. Pielago is eyeing for another company to invest her excess funds. She is interested in a publicly listed company, Pandana Co. Based on the available information, Pielage was able to gather the following data: Year Dividend per share 2021 7.93 2020 2019 7.32 7.30 2018 2017 2016 2015 2014 7.27 7.21 7.16 7.05 7.03 Compute the growth rate per share (use constant growth model), assume that the required return on ordinary shares is 5%. Note: Always use two decimal places.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:3. Pielago is eyeing for another company to invest her excess funds. She is interested in a
publicly listed company, Pandana Co. Based on the available information, Pielage was able to
gather the following data:
Year
Dividend per share
2021
7.93
2020
2019
7.32
7.30
2018
2017
2016
2015
2014
7.27
7.21
7.16
7.05
7.03
Compute the growth rate per share (use constant growth model), assume that the required
return on ordinary shares is 5%.
Note: Always use two decimal places.
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