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A firm has $80 million in equity and $40 million of debt, it pays dividends of 20% of net income, and has a net income
A firm has $80 million in equity and $40 million of debt, it pays dividends of 20% of net income, and has a net income of $10 million. What is the firm's sustainable growth rate? 10% 9% 8% 7%
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