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Best Co. is expected to pay $1.25/share in dividends next year. Its sustainable payout ratio is 60% and its cost of equity is 9%. If
Best Co. is expected to pay $1.25/share in dividends next year. Its sustainable payout ratio is 60% and its cost of equity is 9%. If you believe the company's sustainable growth rate for its dividends to perpetuity is 5%, what must be its implied sustainable ROE? O ROE s 10.0% 10.0%
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