Finance help help The following figures are collected from the annual report of...

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Finance

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The following figures are collected from the annual report of XYZ Ltd.: Net Profit 30 lakhs Outstanding 12% preference shares 7100 lakhs No. of equity shares 3 lakhs Return on Investment 20% Cost of capital i.e. (K) 16% COMPUTE the approximate dividend pay-out ratio so as to keep the share price at 42 by using Walter's model

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