Question: PLEASE HELP, ILL RATE YOUR ANSWER IF ITS CORRECT Microsoftware Corp. pays out 46% of its earnings as dividends. Its return on equity is 15%.

PLEASE HELP, ILL RATE YOUR ANSWER IF ITS CORRECT Microsoftware Corp. paysPLEASE HELP, ILL RATE YOUR ANSWER IF ITS CORRECT

Microsoftware Corp. pays out 46% of its earnings as dividends. Its return on equity is 15%. What is the stable dividend growth rate for the firm? Round your answer to the nearest two decimals. State your answer as percentage and not in decimal-form (i.e. 5.21% and not 0.052) Do not type the % symbol

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