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You anticipate that Liebendauer Enterprises (ticker: LBE) will have earnings per share of $3 this year, Furthermore, you expect that they will pay out $1.00

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You anticipate that Liebendauer Enterprises (ticker: LBE) will have earnings per share of $3 this year, Furthermore, you expect that they will pay out $1.00 of these earnings to shareholders in the form of a dividend at the end of this year. You estimate that LBE's return on new investments is 15% and their equity cost of capital is 12%. Your expected growth rate for LBE's dividends will be closest to: A. 6% B. 10% C. 4% D. 8% Click to select your answer. ? che up

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