FIN3704 Assignment 5 (COMPLETE ANSWERS) Semester 1 2024 (191767) - DUE 29 May 2024 ;100% TRUSTED workings, explanations and soluti ons. for assistance Whats-App.......0.6.7..1.7.1..1.7.3.9...........Go to Yahoo! Finance website at . Look for the search box at the top and type in "PIK.JO" (without q...
May 31, 2023 140.30
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Pick n Pay Stores Limited
Current Price (10 May 2024) R2 070.00
Percentage
Q1 Date Dividends change
June 5, 2019 192.00
December 4, 2019 42.80 -77.71%
December 4, 2020 191.80 348.13%
June 2, 2021 161.00 -16.06%
December 1, 2021 35.80 -77.76%
June 1, 2022 185.35 417.74%
November 30, 2022 44.85 -75.80%
May 31, 2023 140.30 212.82%
Compound quarterly growth rate -4.38%
Q2 Annualized quarterly dividend growth rate. -6.08%
= (Ending value / Starting value) ^ (1 / Number of years) -1
Q3 Intrinsic value
= D0(1 + g)/( -g)
= 140.30(1 + -0.0608)/(0.22 - -0.0608) 469.27
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
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and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.
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