In the chapter, we discussed the two versions of the sustainable growth rate formula. Derive the formula
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In the chapter, we discussed the two versions of the sustainable growth rate formula. Derive the formula ROE × b from the formulagiven in the chapter, where ROE is based on beginning of period equity. Also, derivethe formula ROA × b from the internal growth rate formula.
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Related Book For 
Fundamentals of Corporate Finance
ISBN: 978-0077861704
11th edition
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
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