Question
A firm wants a sustainable growth rate of 2.88 percent while maintaining a dividend payout ratio of 22 percent and a profit margin of 6
A firm wants a sustainable growth rate of 2.88 percent while maintaining a dividend payout ratio of 22 percent and a profit margin of 6 percent. The firm has a capital intensity ratio of 2. What is the debt-equity ratio that is required to achieve the firm's desired rate of growth?
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Financial Management Principles And Applications
Authors: Arthur J. Keown
9th Edition
013033362X, 9780130333629
