Essay
Memory,Inc.expects earnings per share this year to be $8.If earnings per share grow at an average annual rate of 6 percent and if Baker pays 60 percent of its earnings as dividends,what will the expected dividend per share be in 7 years?
Correct Answer:
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$8 (1 + 0.06)7 = $12.03 = Earn...View Answer
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Correct Answer:
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