(Answered) The kj corporation has averaged an roe ofnbsp 11 over the

Finance

The KJ Corporation has averaged an ROE of 11% over the past 5 years and that should continue into the future. The firm has a payout ratio of 80% on earnings per share of $5.18 and paid the dividend yesterday. The discount rate for a firm of KJ's risk level is 12%

a) What is the expected Growth Rate of KJ's dividend?

b) What is KJ's current stock price?

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