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34. Black & White Plc wants to maintain a growth rate of 10% without incurring any additional equity financing and while maintaining a constant debt-equity

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34. Black & White Plc wants to maintain a growth rate of 10% without incurring any additional equity financing and while maintaining a constant debt-equity ratio. The firm maintains an equity multiplier of 1.6, a total asset turnover ratio of 1.4, and a profit margin of 10%. What is the dividend payout ratio? A. 26.26%B. 35.06%C. 40.58%D. 59.42% O D Oc C O A OB

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