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    Exam 20: An Introduction to Security Valuation
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    Dividend Growth Is a Function of What
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Dividend Growth Is a Function of What

Question 21

Question 21

Multiple Choice

Dividend growth is a function of what?


A) Return on equity.
B) The retention rate.
C) The payout ratio.
D) All of the above.
E) None of the above.

Correct Answer:

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