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30. Lake Co. just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is
30. Lake Co. just paid a dividend of $3 per share out of earnings of $5 per share. If its book value per share is $40, What is the expected growth rate in dividends? A. 7.5% B. 8% C. 12.5% D. 5%
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Microeconomics
Authors: Stephen Slavin
11th Edition
007764154X, 978-0077641542
