Question: Problem 5 Maroc telecom is expecting to pay the following dividends: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 10 12

 Problem 5 Maroc telecom is expecting to pay the following dividends:

Problem 5 Maroc telecom is expecting to pay the following dividends: Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 10 12 12 15 17 19 The price at year 7 is expected to be 200 MAD If the required return is 5%, compute the present value of the share of Maroc Telecom

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