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ABC has an expected ROE of 15%. Its dividend growth rate will be _____% if it follows a policy of paying 30% of earning in
ABC has an expected ROE of 15%. Its dividend growth rate will be _____% if it follows a policy of paying 30% of earning in the form of dividends. (Hint: g = (1- payout ratio) x ROE.) Group of answer choices a. 4.5 c. 11.0 d. 15.0 b. 10.5
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