Question
A company is expected to have earnings per share of $3.34 this year and to pay a dividend of $2.69. The discount rate for the
A company is expected to have earnings per share of $3.34 this year and to pay a dividend of $2.69. The discount rate for the stock is 14.4% and the rate of return on reinvested earnings is 19.9%. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer.
Enter your response below rounded to 2 DECIMAL PLACES.
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Production And Operations Analytics
Authors: Steven Nahmias, Tava Lennon Olsen
8th Edition
1478639261, 9781478639268
