Question: please help asap A low-risk profitable firm intends to maintain its 60% dividend payout ratio in the future. It doesn't forecast any buybacks or equity

please help asap

please help asap A low-risk profitable firm intends to maintain its 60%

A low-risk profitable firm intends to maintain its 60% dividend payout ratio in the future. It doesn't forecast any buybacks or equity raisings and is expected to always remain profitable. Over time, this firm's 'retained profits' on the balance sheet would be expected to: Select one: a. Grow. b. Remain unchanged. c. Shrink. d. Insufficient information

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