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The ordinary shares of Afrox are trading at R14,00 each on the Johannesburg Stoc...

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The ordinary shares of Afrox are trading at R14,00 each on the Johannesburg Stock Exchange (JSE). The company expects to pay a dividend (D1) of 54 cents per share at the end of the coming year. The growth rate (g) in dividends is 10%. The cost of ordinary shares is closest to ...
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