Question
An all-equity-financed firm plans to grow at an annual rate of at least 16%. Its return on equity is 24%. What is the maximum possible
| An all-equity-financed firm plans to grow at an annual rate of at least 16%. Its return on equity is 24%. 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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Liquidity Risk Management In Banks Economic And Regulatory Issues
Authors: Roberto Ruozi, Pierpaolo Ferrari
1st Edition
3642295800, 978-3642295805
