Question 12.16: Calculate the value of an ordinary share in CDC Ltd using th...

Calculate the value of an ordinary share in CDC Ltd using the net assets (replacement cost) method.

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This will yield the following value for an ordinary share:
P_{0 }= \frac{(19.2 + 5.2 + 3.9 + 0.4 + 2.6 + 10.0) − (3.6 + 6.5)}{2.0}
= £15.6

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