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q2 and Study Tools A-7 Options Robert liman, an equity research analyst Gilman Advisors, belves in efficient markets. He has been following the mining industry

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and Study Tools A-7 Options Robert liman, an equity research analyst Gilman Advisors, belves in efficient markets. He has been following the mining industry For the past 10 years and needs to determine the constant growth rate that he should use while valuing Pen Alia Mining Co. Robert has the following information available Success Tips Success Tips Pan Aua Mining Co.'s stock (Ticker PAMC) is trading at $22.50 The company's stock is opected to pay a year-end dividend of $1.05 that is expected to grow at a certain tata The stock's expected rate of return a 10.00% edback Based on the information surt given, wat wil de Roberts forecast of PAMC growth rate? 6.00% 10.755 0.4.98% 9.00 Which of the following statements accurately describes the relationship between camnings and dividends when all other factors are held constant Paying a higher percentage of earnings as dividends will result in a higher growth rate, Long-run earnings growth occurs primarily because firms retain samnings and reinvest them in the business Dividend growth and carings growth are unrelated

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