Solved

Ocean Co Just Paid a Dividend of $2 Per Share Out

Question 1

Multiple Choice

Ocean Co. just paid a dividend of $2 per share out of earnings of $4 per share. If the book value per share is $25, what is the expected growth rate in dividends (g) ?


A) 16 percent
B) 12 percent
C) 8 percent
D) 4 percent

Correct Answer:

verifed

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