Multiple Choice
A firm has a return on equity of 16 percent,a return on assets of 11 percent,and a 30 percent dividend payout ratio.What is the sustainable growth rate?
A) 5.72 percent
B) 6.84 percent
C) 7.12 percent
D) 11.38 percent
E) 12.61 percent
Correct Answer:
Verified
Correct Answer:
Verified
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