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Business, 11.11.2020 18:10 NickCamryn5472

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: a. $12.50
b. $39.25
c. $33.35
d. $20.00

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