Milo Limited has just paid a dividend of $0.20 per share and the dividends are expected to

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Milo Limited has just paid a dividend of $0.20 per share and the dividends are expected to grow at a constant rate of 4% per annum. If the required rate of return is 8.5%, calculate the expected market price/value per share. If the current market price of the share is $4.50, will you buy the share? Explain your answer.

Posted Date: May 18, 2024 12:15 PM

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Milo Limited has just paid a dividend of $0.20 per share and the dividends are expected to

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