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32. A firm increases its dividend plowback ratio. All else equal, you know that earnings growth will decrease and the stock's P/E will increase earnings
32.
A firm increases its dividend plowback ratio. All else equal, you know that earnings growth will decrease and the stock's P/E will increase earnings growth will increase and the stock's P/E will increase earnings growth will increase and the stock's P/E may or may not increase earnings growth will increase and the stock's P/E will decreaseStep by Step Solution
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