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22
25
27
30
32
35
40
75
100
150
850
900
40.90909
29%
45.45455
26%
bn
Year
Ke
1999-2000
2000-2001
2001-02
2002-03
2003-04
P
17.7
16.1
12.5
11.5
14.2
g=26% (Constant)
Year
1999-2000
2000-2001
2001-02
2002-03
2003-04
r=19%
Ke
E
17.7
16.1
12.5
11.5
14.2
9.6
13.3
23.2
30
33.7
b
0.7692
0.7326
0.2447
0.311
By Gordon Model
By Walter Model
P(Calculated)
P(Actual)
P(Calculated)
-25.7692
1030
-25.7326
250.7
-25.2447
271.4
-25.311
448.85
571.1