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Which of the following is not one of the ways we can calculate the growth rate of dividends? Using the average five-year forecast for annual

  1. Which of the following is not one of the ways we can calculate the growth rate of dividends?

    Using the average five-year forecast for annual earnings growth.

    Using the retention rate and the ROE method

    Calculation from past dividend data.

    Using the five-year average of past dividends

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