Gagliardi Way Corporation Has an Expected ROE of 15

question 30

Multiple Choice

Gagliardi Way Corporation has an expected ROE of 15%.If it pays out 30% of it earnings as dividends,its dividend growth rate will be _____.

• A) 4.5%
• B) 10.5%
• C) 15.0%
• D) 30.0%

---

Definitions:

Reflexes

Automatic and involuntary responses of the body to specific stimuli, designed to protect the body and maintain homeostasis.

Nipple

A small projection on the surface of the breast through which milk is delivered.

Cheek

The part of the face that is below the eye and to the side of the nose and mouth.

Adolescents

Young people in the transitional stage from childhood to adulthood, typically between the ages of 13 and 19.