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Your firm has net income of $10. Your dividend payout rate is .80, and will remain .80, so that the retention rate is .20. Your

Your firm has net income of $10. Your dividend payout rate is .80, and will remain .80, so that the retention rate is .20. Your rate of return on new investment is .25. Your share price is initially $60. What is the dividend and the rate of return ,r, initially.

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