23. Forecast growth rates (S30.6) What is the maximum possible growth rate for Archimedes (see Problem 20)

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23. Forecast growth rates (S30.6) What is the maximum possible growth rate for Archimedes

(see Problem 20) if it maintains its return on equity, the payout ratio is set at 50% and

a. No external debt or equity is to be issued?

b. The firm maintains a fixed debt ratio but issues no equity?

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Principles Of Corporate Finance

ISBN: 9781264080946

14th Edition

Authors: Richard Brealey, Stewart Myers, Franklin Allen, Alex Edmans

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