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Music Doctors Company has an expected ROE of 14%. The dividend growth rate will be ________ if the firm follows a policy of paying 60%
Music Doctors Company has an expected ROE of 14%. The dividend growth rate will be ________ if
the firm follows a policy of paying 60% of earnings in the form of dividends.
A) 5.6%
B) 4.8%
C) 7.2%
D) 6.0%
E) none of the above
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