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Stock A pays a dividend of $3 per share every year. The discount rate is 10% and the return on equity is 25%. What is

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Stock A pays a dividend of $3 per share every year. The discount rate is 10% and the return on equity is 25%. What is the plowback ratio for this stock? Select one: a. 1.00 b. 1.50 c. 0.40 d. 0.00 e. None of the above

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