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Midwest Motoring has a return on equity of 17% and a dividend payout ratio of 70%. Its market capitalization rate is 17%. Part 1 Attempt

Midwest Motoring has a return on equity of 17% and a dividend payout ratio of 70%. Its market capitalization rate is 17%. Part 1 Attempt 1/5 for 2 pts. What is the growth rate of dividends? Correct g=ROEb=0.17(1d)=0.17(10.7)=0.051

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