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Question 9 1 pts Kashkau Inc. just paid an annual dividend of $3.50 a share. Kashkau has a target payout ratio of .8 and a
Question 9 1 pts Kashkau Inc. just paid an annual dividend of $3.50 a share. Kashkau has a target payout ratio of .8 and a speed of adjustment value of .6. What is the expected value of next year's annual dividend if Kashkau expects its earnings per share to be $6.00? (Hint: use Lintner's equation) $4.28 O $4.80 0 $3.58 O $5.58 O $5.00
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