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Use the Following Information to Answer Problems

Question 45

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Use the following information to answer Problems
Use the following information to answer Problems    -Explain why an increase in the dividend payout ratio may not have the effect that the constant dividend growth P/E ratio model suggests.
-Explain why an increase in the dividend payout ratio may not have the effect that the constant dividend growth P/E ratio model suggests.

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The explanation lies in the relationship...

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