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QUESTION 12 Company F will have earnings per share of $6 this year and expect that they will pay out $3 of these earnings to

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QUESTION 12 "Company F will have earnings per share of $6 this year and expect that they will pay out $3 of these earnings to shareholders in the form of a dividend. Company F's return on new investments is 8% and their equity cost of capital is 7%. The expected growth rate for Company F's dividends is - Note: Express your answers in strictly numerical terms. For example, if the answer is 5%, enter 0.05 as an

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