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8% 10% Net Margin Return on Assets Equity Multiplier 2.5 Beta 1.5 Expected market return 10% Risk Free Rate 5% If the company wants to

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8% 10% Net Margin Return on Assets Equity Multiplier 2.5 Beta 1.5 Expected market return 10% Risk Free Rate 5% If the company wants to achieve a growth rate of 15% without changing its capital structure, the company's maximum dividend payout ratio (DPO) is closest to 50% 60% 30% 20% 40%

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