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A company paid a dividend per share of $1.75 last year. The expected ROE for next year is 14.5%. An appropriate required return on the
A company paid a dividend per share of $1.75 last year. The expected ROE for next year is 14.5%. An appropriate required return on the stock is 10%. If the firm has a plowback ratio of 75%, the dividend in the coming year should be Select one:
$1.80
$2.12
$1.77
$1.94
$3.45
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