Based on the relationships in the dividend valuation model, an increase in the dividend payout ratio most

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Based on the relationships in the dividend valuation model, an increase in the dividend payout ratio most likely results in:

A. a lower price-earnings ratio.

B. a higher price-earnings ratio.

C. no change in the price-earnings ratio.

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Analysis Of Financial Statements

ISBN: 9781118299982

3rd Edition

Authors: Frank J. Fabozzi, Pamela Peterson Drake

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