Lake Co. has paid a dividend $3 per share out of earnings of $5 per share. If the book value per share is $40, what is the expected growth rate in dividends?
A) 7.5%
B) 8%
C) 12.5%
D) 5%

Question

Quizplus · Accepted Answer

The Answer of Lake Co. has paid a dividend $3 per share out of earnings of $5 per share. If the book value per share is $40, what is the expected growth rate in dividends?
A) 7.5%
B) 8%
C) 12.5%
D) 5%

Lake Co Has Paid a Dividend $3 Per Share Out of of Earnings