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an all-equity-financed firm plans to grow at an annual rate of at least 21%. its return on equity is 33%. what is the maximum possible

an all-equity-financed firm plans to grow at an annual rate of at least 21%. its return on equity is 33%. what is the maximum possible dividend payout rate the firm can maintain without resorting to additional equity issues? (do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place)

maximum dividend payout ratio ____________%

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