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The Operating earnings of a company equal to $250,000. The company has no outstanding debt and its taxes are estimated to be equal to $50,000.
The Operating earnings of a company equal to $250,000. The company has no outstanding debt and its taxes are estimated to be equal to $50,000. Furthermore, the company plans to distribute $50,000 as dividend. If the book value of common stock is equal to $7,500,000 what would be an estimate of the companys growth?
A. 2.67% B.75% C. 2% D.1.6%
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