Question
1. Over the past 4 years, a local firm has paid annual dividends of $1.62, $1.65, $1.70, and $1.73. What is the arithmetic average dividend
1. Over the past 4 years, a local firm has paid annual dividends of $1.62, $1.65, $1.70, and $1.73. What is the arithmetic average dividend growth rate?
2. Roy's Markets has net income of $164,000. The firm has 200,000 shares of common stock outstanding. The dividend for this year is $0.61 per share. What is the retention ratio?
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Financial Markets And Institutions
Authors: Jeff Madura
9th Edition
1439038848, 978-1439038840
