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Growth Opportunities and Dividends Firm A has an ROE of 9% and Firm B has an ROE of 12%. Both stocks have a required return

Growth Opportunities and Dividends Firm A has an ROE of 9% and Firm B has an ROE of 12%. Both stocks have a required return of 9%. Ignoring risk and taxes the optimal dividend payout for Firm A is ______ and the optimal dividend payout for Firm B is ______. Multiple Choice irrelevant; irrelevant 100%; 100% irrelevant; < 100% < 100%; < 100%

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