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Ocean Cojust Paid a Dividend of $2 Per Share Out of of Earnings

Question 50

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%
B) 12%
C) 8%

Correct Answer:

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