Multiple Choice
The dividend payout ratio for the aggregate market is 65 percent,the required rate of return is 13 percent,and the expected growth rate for dividends is 8 percent.Compute the current earnings multiple.
A) 7
B) 13
C) 4.61
D) 14.61
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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