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3. Blue Bison Company's return on equity is 15% and management plans to retain 50% of its profits for re-investment purposes. a. What will be

3. Blue Bison Company's return on equity is 15% and management plans to retain 50% of its profits for re-investment purposes. a. What will be the Company's growth rate? b. Blue Bison's stock sells for $42.00 per share. Last year's divided was $2.00 per share. What is the expected return on this stock

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