Question: How to do this question Supreme Ltd is about to be listed on the share market. The required return is 12%. Today's dividend is $0.80

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Supreme Ltd is about to be listed on the share market. The required return is 12%. Today's dividend is $0.80 and the forecast dividend in a year's time will be $1.00. The dividend is expected to grow by 15% for the next two years after that and then settle down to a constant growth of 5% pa thereafter. What is a fair price for a share
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