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Consider a firm that had a net income NI(0)=100M last year. What would be the value of the firm under the retentionratesof20%,40%,60%and80%?AssumeR=20% and ROE=10%
Consider a firm that had a net income NI(0)=100M last year. What would be the value of the firm under the retentionratesof20%,40%,60%and80%?AssumeR=20% and ROE=10%
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Public Finance A Contemporary Application Of Theory To Policy
Authors: David N Hyman
8th Edition
0324259700, 978-0324259704
