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please show work on how to get the answer that is highlighted or explain why the answer is 0 1. Stockholders of Dogs R Us

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1. Stockholders of Dogs R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating an ROE of 15%. Given this, the firm's optimal dividend payout ratio is A. 0% B. 100% C. between 0% and 50% D. between 50% and 100%

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