You expect Harry Industries will have earnings per share of $5 this year and expect...
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Accounting
You expect Harry Industries will have earnings per share of $5 this year and expect that they will pay out $2.50 of these earnings to shareholders in the form of a dividend. Harry's return on equity (ROE) is 10% and has a required return of 7%. The expected growth rate for TK's dividends is closest to:
Select one:
a. 3.5%
b. 6.0%
c. 5.0%
d. 3.0%
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