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Yeadon Construction reported plans to pay out 55% of its earnings as cash dividends to its shareholders. The firm will finance investment with retained earnings.

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Yeadon Construction reported plans to pay out 55% of its earnings as cash dividends to its shareholders. The firm will finance investment with retained earnings. Its recent return on equity (ROE) is 0.13, a figure that is expected to continue in the future. What will be the rate of growth of the firm's earnings over the year. A. 4.75% B. 7.15% C. 5.85% D. 5.60% E. 6.15%

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