Question
Calculate the sustainable growth rate for a firm with a return on equity of 19.5% and retention ratio of 0.25. Enter your answer as a
Calculate the sustainable growth rate for a firm with a return on equity of 19.5% and retention ratio of 0.25.
Enter your answer as a percentage rounded to the nearest second digit after the decimal point. For example, if the calculated sustainable growth rate is 0.02368 or 2.368%, enter it as: 2.37
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Financial Markets Instruments And Institutions
Authors: Anthony M. Santomero, David Babbel
2nd Edition
0072358688, 9780072358681
