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Testbank, Question 62 The market value and book value of Visual Image Inc.'s outstanding 2 million common shares are $60 million and $30 million, respectively.

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Testbank, Question 62 The market value and book value of Visual Image Inc.'s outstanding 2 million common shares are $60 million and $30 million, respectively. The company's recent net profit was $3,500,000. What is the company's sustainable dividend growth rate if it uses a dividend payout ratio of 60 percent? 0 2.33% 3.50% 0 4.67% O 7.00%

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