Maybank Bhd is evaluating three common shares for the new investment. Below is the information for all the shares:
- Blue Dragon paid a dividend RM2.40 last year. The dividend is growth at 2 percent per year.
- Techno flix’ currently pays an annual dividend of RM3.20 per share. The dividend is growth at 3 percent.
- Phyton paid a dividend RM4.40 last year and dividend is not grown from the last year.
Calculate the value for the three shares if the required return is 6 percent.
