Question: Question 5: SxDBC9x - This will need to be your heading for Question 5. The company has issued 8 million ordinary shares. It has just

Question 5: SxDBC9x - This will need to be your heading for Question 5. The company has issued 8 million ordinary shares. It has just paid a dividend of $4 million. That dividend is expected to grow at a rate of 29 percent per annum for the next three years. then at a rate of 15 percent in the 4th year and at a rate of 3.3 percent per annum forever after that. Assuming a required rate of return of 13.21 percent, calculate the current market price of the share. Explain the difculties of calculating the intrinsic value of the share (Use a max of 200 words for the explanation}. [End of questions]
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