Eastern electric currently pays a dividend of about 164 per


Question: Eastern Electric currently pays a dividend of about $1.64 per share and sells for $27 a share. If its dividend growth rate is 5.9 %, and the payout ratio is 0.61 , what must be the ROE of the firm? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Eastern electric currently pays a dividend of about 164 per
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