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A company is expected to have earnings per share of $5.40 this year and to pay a dividend of $3.20. The discount rate for the

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A company is expected to have earnings per share of $5.40 this year and to pay a dividend of $3.20. The discount rate for the stock is 10.7% and the rate of return on reinvested earnings is 14.6%. What is the sustainable growth rate? 3.90% 4.36% 5.95% 6.34% 8.65%

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