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(1) Ray steel company just paid a $9 dividend you require 9 % return on this stock how much will you earn a. If management

(1)

Ray steel company just paid a $\9 dividend you require 9 % return on this stock how much will you earn

a. If management wants to increase the dividend by 5% each year indefinitely

b. management wants to reduce the dividend by % each year indefinitely

c.If management wants to neither increase nor decrease the dividend indefinitely

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