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7. Microsoft had a ROE of 15% last year. They will payout 60% of their net income as dividend payment to the shareholders. What is

7. Microsoft had a ROE of 15% last year. They will payout 60% of their net income as dividend payment to the shareholders. What is their plowback ratio? If Microsoft will keep this ROE and payout ratio for the next ten years, what would be the growth rate of the dividend amount?

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