(dividend+p1)/(1+ke) 110.

9091

dividend =2 ₹ 100.72
Ill. 8.1 Ill 8.2 Ill 8.3 Ill 8.4
110.9091 ₹ 100.72 dividend= 20 year dividend
i 100 1 2.36
ii 1180 2 2.7848
3 3.286064
4 3.877556
5 45.66899

Prob 8.3 Prob 8.4 Prob 8.2 Prob 8.6

5% 20 0.429231 0.13 year dividend
8% 28.8 1 3.6
3% 16.48 2 4.32
3 5.184
4 6.2208
5 7.46496
6 8.957952
7 10.74954
8 12.89945
9 15.47934
10 18.57521
11 1003.061
dividend 20 last year

dividend/ke
i 100

D1/(ke-g) D0(1+g)/(ke-g)
d1=D0(1+g)
ii 1180

year dividend pv
1 2.36 ₹ 2.05
2 2.7848 ₹ 2.11
3 3.286064 ₹ 2.16
4 3.877556 ₹ 2.22
5 45.66899 ₹ 22.71
₹ 31.24
 Ill 8.5 Prob 8.5
pv year dividend pv year dividend pv
₹ 2.05 1 2.36 ₹ 2.05 1 2.1 ₹ 1.83
₹ 2.11 2 2.7848 ₹ 2.11 2 2.205 ₹ 1.67
₹ 2.16 3 3.286064 ₹ 2.16 3 2.31525 ₹ 1.52
₹ 2.22 4 3.877556 ₹ 2.22 4 2.431013 ₹ 1.39
₹ 22.71 5 4.342862 ₹ 2.16 5 2.552563 ₹ 1.27
₹ 31.24 6 4.864006 ₹ 2.10 6 56.15639 ₹ 24.28
7 5.447686 ₹ 2.05 ₹ 31.95
8 6.101409 ₹ 1.99
9 71.86104 ₹ 20.43
₹ 37.27

Prob 8.7 Prob 8.18

pv year dividend pv diiv 12
₹ 3.27 1 5.5 ₹ 5.00
₹ 3.57 2 6.05 ₹ 5.00
₹ 3.89 3 6.655 ₹ 5.00
₹ 4.25 4 7.3205 ₹ 5.00
₹ 4.64 5 8.05255 ₹ 5.00
₹ 5.06 6 8.696754 ₹ 4.91
₹ 5.52 7 9.392494 ₹ 4.82
₹ 6.02 8 10.14389 ₹ 4.73
₹ 6.56 9 213.0218 ₹ 90.34
₹ 7.16 ₹ 129.80
₹ 351.57
₹ 401.51
8.1 ₹ -110.91
8.2 ₹ -100.72
8.3 100
1180
8.4 1 2.36 ₹ -2.05
2 2.7848 ₹ -2.11
3 3.286064 ₹ -2.16
4 3.877556 ₹ -2.22
5 45.66899 ₹ -22.71
₹ -31.24