A firm wishes to maintain a growth rate of 11.5 percent and a dividend payout ratio of
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A firm wishes to maintain a growth rate of 11.5 percent and a dividend payout ratio of 50 percent. The ratio of total assets to sales is constant at .8, and profit margin is 9 percent. If the firm also wishes to maintain a constant debt-equity ratio, what must it be?
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To maintain a constant debtequity ratio while achieving a growth rate of 115 percent and a dividend ...View the full answer
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780072553079
6th Edition
Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan
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