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2. Fortis reports $50M in equity and $25M in debt and forecasts $8M in net income tor wal change in It currently pays dividends equal

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2. Fortis reports $50M in equity and $25M in debt and forecasts $8M in net income tor wal change in It currently pays dividends equal to 10% of its net income. There is a potential change in payout policy - an increase in dividends to 15% of net income. How would this change affect retention rate

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