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Company C is going to generate net income of $4 per share, its required rate of return is 11%, ROE is 13% and payout rate

  1. Company C is going to generate net income of $4 per share, its required rate of return is 11%, ROE is 13% and payout rate for dividends is 30%. Stock C dividend constant growth rate is closest to:

    4%

    9%

    7%

    13%

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