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27 Palmer Ltd pays out 40% of its earnings in dividends and the latest earnings announced were $10 per share. Dividends were just paid and
27 Palmer Ltd pays out 40% of its earnings in dividends and the latest earnings announced were $10 per share. Dividends were just paid and are expected to be paid annually. You expect that Palmer Ltd will earn an ROE of 20% per annum on all reinvested earnings forever. What is Palmer Ltds growth rate?
Select one: 12%, 6%, 10%, 21%
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