Question 10 Company X had EPS of $10 and paid out $4 dividend this year. The market required return for the stock is 16%. Incorrect 0.00 points out of 1.00 Which of the following statements is not correct? P Flag question Select one: a. The stock's current retention ratio is 60% b. The stock's current payout ratio is 40% c. If the company retains more earnings for new investment, its stock value will increase. O d. If the expected new return on firm's invested capital (NROIC) is 20%, its earnings is expected to grow by 12%. X