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A firm projects net income to be $400,000, intends to pay out $125,000 in dividends, and had $2 million of equity at the beginning of
A firm projects net income to be $400,000, intends to pay out $125,000 in dividends, and had $2 million of equity at the beginning of the year. The firms sustainable growth rate is:
A. 13.75%
B. 4.69%
C. 6.25%
D. 18.75%
E. None of the above
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