An estimate of the growth rate of a stock is needed for the formulas for situations 4

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An estimate of the growth rate of a stock is needed for the formulas for situations 4

(b) or 4(c). A useful estimate of the growth rate is g  Retention ratio  Return on retained earnings LO.1

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Corporate Finance

ISBN: 9780073105901

8th Edition

Authors: Jeffrey Jaffe, Bradford D Jordan

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