Dividend Smoothing:The Deck Company just paid a dividend of $1.55


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Dividend Smoothing:The Deck Company just paid a dividend of $1.55 per share of stock. Its target payout ratio is 45 percent. In one year, the company expects to have earnings per share of $7.10. If the adjustment rate is .4, as defined in the Lintner model, what will the dividend be one year from now? highs366
posted a question ยท Nov 10, 2015 at 1:27pm

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