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johnpaech johnpaech
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6 years ago
You expect KT Industries (KTI) will have earnings per share of $3 this year and expect that they will pay out $1.50 of these earnings to shareholders in the form of a dividend.  KTI's return on new investments is 15% and their equity cost of capital is 12%.  The expected growth rate for KTI's dividends is closest to:
A) 6.0%
B) 7.5%
C) 4.5%
D) 3.0%
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Corporate Finance: The Core

Corporate Finance: The Core


Edition: 4th
Authors:
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pbrown223pbrown223
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6 years ago
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johnpaech Author
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#2
5 years ago
You took a load off my back, thanks for answering correctly
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