Question: PLEASE HELP ME TO SOLVE THIS. WILL BE SO GRATEFUL FOR YOUR HELP . 4. Tora Tora Bhd is a furniture company specialized in teak,

 PLEASE HELP ME TO SOLVE THIS. WILL BE SO GRATEFUL FOR

PLEASE HELP ME TO SOLVE THIS. WILL BE SO GRATEFUL FOR YOUR HELP .

4. Tora Tora Bhd is a furniture company specialized in teak, stainless steel, Suar and Synthetic wicker furniture for indoor and outdoor use. The company has decided to expand its business in Indonesia by acquiring Indoteck Makmur. Financial analysts forecast that the company will be able to grow at 30 percent for two years before achieving long-run growth of 5 percent once the acquisition is complete. The company decided to distribute a dividend of RM 1.00 per share next year. With the required rate of return of 10 percent, justify would you willing to purchase Tora Tora Bhd shares at RM 35. (8 marks)

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