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Business, 30.03.2020 17:31 amanuelwold

Stockholders of Dogs R Us Pet Supply expect a 12% rate of return on their stock. Management has consistently been generating an ROE of 15% over the last 5 years but now believes that ROE will be 12% for the next 5 years. Given this, the firm's optimal dividend payout ratio is now .

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Stockholders of Dogs R Us Pet Supply expect a 12% rate of return on their stock. Management has cons...
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