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Generic numerical entry instructions: Enter only your final numerical answer, rounded and expressed as requested and the only non - number you should ever enter
Generic numerical entry instructions: Enter only your final numerical answer, rounded and expressed as requested and the only nonnumber you should ever enter if appropriate is either a period as in or a minus sign immediately in front of an answer to denote a negative number. The system will insert a comma for you for large numbers. Do not include an equals sign, dollar sign, percent sign, quotes, a space, any text eg do not type The answer is or punctuation except the period or minus sign if appropriate For example, if asked to round to the nearest decimal places, $ should be entered as not as $ with the dollar sign, not as which is rounded incorrectly, and if the answer were actually negative, then use a minus sign instead of entering using parentheses. If asked for the nearest integer, enter note the rounding and nothing else. If a rate of return of is to be expressed in decimal format rounded to four decimal places, then the only asrequested answer is not not not not or any other answer Please read again how your answer is to be expressed before entering it and enter it as requested.
The firm for which you work expects earnings at the end of the year of $ and it plans to pay a $ dividend at that time, and retain the rest of the earnings to invest in new projects with an expected return of per year. Assume your firm will maintain the same dividend payout rate, retention rate, and return on new investments in the future and will not change its number of outstanding shares. What growth rate of earnings do you forecast for your firm? Express your rate of return in decimal format and accurate to the nearest decimal places eg or
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