HighTeck has an ROE of 15%. Its earnings per share are $2.00, and its dividends per shareare

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HighTeck has an ROE of 15%. Its earnings per share are $2.00, and its dividends per shareare $0.20. Estimate HighTeck’s growth rate.

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Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

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Question Posted: Apr 28, 2015 03:42 AM

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HighTeck has an ROE of 15%. Its earnings per share are $2.00, and its dividends per shareare

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Growth rate ROE x Retention rate Rete...View the full answer

Fundamentals of Investing

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