A plc and B Ltd are two businesses similar in size, activity, gearing and dividend cover. A
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A plc and B Ltd are two businesses similar in size, activity, gearing and dividend cover. A plc is Stock Exchange listed, B Ltd is not. The dividend yield for A plc is 10 per cent. B Ltd has recently paid an annual dividend of £0.15 per share. What is the value of each B Ltd share?
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Bearing in mind that Dividend paid grossed up C...View the full answer
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