Question
A company has a ROE of 28% and an earnings retention ratio of 1/4. Assuming it finances its growth only by retained earnings, what
A company has a ROE of 28% and an earnings retention ratio of 1/4. Assuming it finances its growth only by retained earnings, what will be the growth rate of dividends?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
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