Question 12.A.20: 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}
= £15.60
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