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The Hi-Lite Corp

Question 19

Multiple Choice

The Hi-Lite Corp. had a profitable year and their ROE was 14.4%. The company paid out $1.20 of their earnings of $3.00 for the year. What is Hi-Lite's sustainable growth?


A) 17.20%
B) 8.64%
C) 5.76%
D) 43.20%

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