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High Tech Chip Company is expected to have EPS in the coming year of $ 3 . 0 0 . The expected ROE is 1

High Tech Chip Company is expected to have EPS in the coming year of $3.00. The expected ROE is 12%. An appropriate required return on the stock is 9%. If the firm has a plowback ratio of 70%, the growth rate of dividends should be :
.5.0%.
c.6.3%.
.6.6%.
7.5%
.8.4%
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