Question
a company has ROE of 22% and last year had $450 million in net income. it has 200 million shares outstanding and paid a dividend
a company has ROE of 22% and last year had $450 million in net income. it has 200 million shares outstanding and paid a dividend of $.7 per share. what is the company's sustainable growth rate?
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Intermediate Financial Management
Authors: Eugene F. Brigham, Phillip R. Daves
12th edition
1285850033, 978-1305480698, 1305480694, 978-0357688236, 978-1285850030
