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Last Year Umbrellas Unlimited Corporation Had an ROE of 16

Question 17

Multiple Choice

Last year Umbrellas Unlimited Corporation had an ROE of 16.5 percent and a dividend payout ratio of 40 percent. What is the sustainable growth rate?


A) 13.17 percent
B) 10.99 percent
C) 27.50 percent
D) 32.93 percent

Correct Answer:

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