Question
A stock has a return on equity of 5.7% and a plowback ratio of 55%. What is the sustainable growth rate? Enter you answer as
A stock has a return on equity of 5.7% and a plowback ratio of 55%. What is the sustainable growth rate? Enter you 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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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
17th Edition
126001391X, 978-1260013917
