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Question
Internet Industries expects to earn $5. 00 for the coming year, and pay a $ 00 dividend. Its ROA is 13 percent, while its leverage factor is 1.7(a) Calculate the expected growth rate in dividends.
(b) Given a required rate of return of 17 percent, determine the estimated price for High Tech, Inc. , common stock.
(c)Calculate the expected dollar dividend two periods from now.
Answer
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