Question: 1.4 Using the dividend growth model, an analyst has estimated that her company's cost of equity capital is 13% per annum. The current ex-dividend share

1.4 Using the dividend growth model, an analyst has estimated that

1.4 Using the dividend growth model, an analyst has estimated that her company's cost of equity capital is 13% per annum. The current ex-dividend share price is 345.5 Rand, and the current dividend is 14 cents per share. Do calculations to show what rate of dividend growth the analyst is assuming. (7)

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