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10. If the sustainable growth rate (SGR) of a company is 2% and its return on equity is 15% what is that company's payout ratio?

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10. If the sustainable growth rate (SGR) of a company is 2% and its return on equity is 15% what is that company's payout ratio? (a) 75% (b) 13% (c) 86.7% (d) -86.7% (e) cannot be determined

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