this Question relates to Capital Budgeting
Q- D ltd. is foreseeing a growth rate of 12%pa in the next 2 years.The growth rate is likely to be 10% for the third & fourth year.After that the growth rate is expected to stabilize at 8% pa.If the last dividend was Rs 1.50 per share and the required rate of return is 16%. determine the current value of equity share of the company?
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