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how do i arrive at the 2.84? please show steps and formula used! A company is expected to have earnings per share of $3.1 this

how do i arrive at the 2.84? please show steps and formula used! image text in transcribed
A company is expected to have earnings per share of $3.1 this year and to pay a dividend of $2.73. The discount rate for the stock is 15.2% and the rate of return on reinvested earnings is 23.8%. What is the sustainable growth rate? Enter your answer as a percentage. Do not include the percentage sign in your answer. Enter your response below rounded to 2 DECIMAL PLACES. 2.92 Correct response: 2.84+0.01%

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