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A firm's next-year earnings are estimated to be $5. The company plans to reinvest 20% of its earnings back into company. The firm's ROE is

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A firm's next-year earnings are estimated to be $5. The company plans to reinvest 20% of its earnings back into company. The firm's ROE is at 12%. What is the sustainable growth rate (g)? A) 0.024. B) 0.030. C) 1.000. D) 1.200

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