BIC Corporation reported a return on equity of 20% in 1994 and paid out 37% of its earnings as dividends in that year. Assuming that these fundamentals do not change, estimate the expected growth rate in earnings per share. How sensitive is this growth rate to changes in these fundamentals?; BIC Corporation reported a return on equity of 20% in 1994 and paid out 37% of its earnings as dividends in that year. Assuming that these fundamentals do not change, estimate the expected growth rate in earnings per share. How sensitive is this growth rate to changes in these fundamentals?
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