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A firm's earnings per share increased from $ 6 to $ 8 , its dividends per share increased from $ 1 . 5 0 to

A firm's earnings per share increased from $6 to $8, its dividends per share increased from $1.50 to $2.00, and its share price increased from $70 to $80. Given this information, it follows that:
A. the stock experienced a decrease in its PE ratio.
B. the required rate of return increased.
C. the company had an increase in its dividend payout ratio.
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