What must be the roe of the firm

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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.

Reference no: EM131969025

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