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Chester Financial Corp had a return on equity of 18%. The corporation's earnings per share was $4.00, its dividend payout ratio was 30% and its
Chester Financial Corp had a return on equity of 18%. The corporation's earnings per share was $4.00, its dividend payout ratio was 30% and its profit-retention rate was 70%. If these relationships continue, what will be the Chester Financial Corp's internal growth rate? Select one: a. 28.0% b. 12.6% C. 70.0% d. 5.4% Next
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Finance A Quantitative Introduction
Authors: Nico Van Der Wijst
1st Edition
1107029228, 978-1107029224
