Question
Ocean Co. just paid a dividend of $2 per share out of earnings of $4 per share. If the book value per share is $25,
Ocean Co. just paid a dividend of $2 per share out of earnings of $4 per share. If the book value per share is $25, what is the expected growth rate in dividends (g)?
A. 16 percent
B. 12 percent
C. 8 percent
D. 4 percent
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Fundamentals Of Multinational Finance
Authors: Michael Moffett, Arthur Stonehill, David Eiteman
6th Edition
0134472136, 978-0134472133
