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What is the expected return if a firm has a payout ratio of 0.4, a return on equity of 25%, and a dividend yield of
What is the expected return if a firm has a payout ratio of 0.4, a return on equity of 25%, and a dividend yield of 6%?
A.) 15.00%
B.) 21.00%
C.) 12.50%
D.) 16.00%
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