Question
Dividend Payout Let's say a company's ROE is 20% and the return expected by shareholders is 15%. What should be the company's dividend payout ratio?
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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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