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The current dividend on an equity share of Omex Limited is Rs. 5.00 on an earningsper share of Rs. 20.00.(i) Assume that the dividend will grow at a rate of 18 percent for the next 4 years.Thereafter, the growth rate is expected to fall and stabilize at 12 percent. Equityinvestors require a return of 15 percent from Omex's equity share. What is the intrinsic value of Omex's equity share

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