Dishwasher's Delights plows back 70.00% of its earnings to take on projects that earn the firm...
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Dishwasher's Delights plows back 70.00% of its earnings to take on projects that earn the firm a rate of return of 14.00%. Dishwasher's stockholders require a return of 13.50% on their common stock. Earnings per share are expected to be $6.00 next year. a. What is the expected growth rate for Dishwasher's common stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Growth rate % b. What is the expected dividend next year? (Do not round intermediate calculations. Round your answer to 2 decimal place Dividend Dishwasher's Delights plows back 70.00% of its earnings to take on projects that earn the firm a rate of return of 14.00%. Dishwasher's stockholders require a return of 13.50% on their common stock. Earnings per share are expected to be $6.00 next year. a. What is the expected growth rate for Dishwasher's common stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Growth rate % b. What is the expected dividend next year? (Do not round intermediate calculations. Round your answer to 2 decimal place Dividend
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