The abc corp has a stated policy of distributing 40 of its, Financial Management

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The abc corp has a stated policy of distributing 40 of its

The ABC Corp. has a stated policy of distributing 40% of its annual profits to its shareholders as an annual dividend payment. Historically, ABC has produced a return on equity of 18%, and it is presumed that this level will be maintained for the foreseeable future. By how much would you expect ABC’s annual dividend to grow each year?

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Financial Management: The abc corp has a stated policy of distributing 40 of its

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