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Handout Q5: Assume the following ratios are constant: 2.6 6.60% Total asset turnover Profit margin Equity multiplier Payout ratio 25% The firm does not want
Handout Q5: Assume the following ratios are constant: 2.6 6.60% Total asset turnover Profit margin Equity multiplier Payout ratio 25% The firm does not want to issue additional equity shares but does want to maintain its current debt-equity ratio and its current dividend policy. What will be the maximum rate at which this firm can grow
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