Sustainable Growth Rate Based on the results in Problem 27, show that the internal and sustainable growth
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Sustainable Growth Rate Based on the results in Problem 27, show that the internal and sustainable growth rates can be calculated as shown in Equations 3.23 and 3.24.
( Hint: For the internal growth rate, set EFN equal to zero and solve for g .)
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Corporate Finance With Connect Access Card
ISBN: 978-1259672484
10th Edition
Authors: Stephen Ross ,Randolph Westerfield ,Jeffrey Jaffe
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