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1·The rate of dividend payout expresses the relationship of dividends and earnings during a certain period.

股利支付率表达的是某一特定时期股利与收益之间的关系。

2·In this paper, we built a two period EBO valuation model, by which a dynamic programming was used for solving the optimized dividend payout path and stock value.

对成长型股票建立了两阶段ebo价值评估模型，利用动态规划法求解最优股利支付路径及股票价值。