Multiple Choice
If a firm pays out 30% of its earnings as dividends and has averaged a 20 percent return on assets, how quickly can the firm grow without needing to secure outside funding sources?
A) 6.4%.
B) 10.2%.
C) 14.3%.
D) 20.0%.
E) none of the above.
Too many clones
Correct Answer:
Verified
Correct Answer:
Verified
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