Answer Happy

QUESTION 4 (25 MARKS)
Selling
price

: RM4.35 value per share
Cost of issuance and sale of
shares : RM0.25 per
share
Annual
Dividends

: RM0.43
Risk-free
rate

: 8 percent
Rate of market
return
: 12 percent
Ordinary shares
beta

: 1.2