Question: BIC Corporation reported a return en equiry of 2 0 % and paid out 3 7 % of its earning as dividends in the most
BIC Corporation reported a return en equiry of and paid out of its earning as dividends in the most recent yess.
a Assuming that these fundamestals do not change, estimate the expected growth rate in earnings per share.
b Now assume that you expect the return on equity to increase to on both new and existing investments next year. Fstimate the espected growth rate in caminarsr share.
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