Question
If AT&T's had an average ROE of 13.1% and an average dividend payout ratio of 62%, what is AT&T's sustainable growth rate?(DON'T ENTER A PERCENT
If AT&T's had an average ROE of 13.1% and an average dividend payout ratio of 62%, what is AT&T's sustainable growth rate?(DON'T ENTER A PERCENT SIGN! PLEASE ENTER THE ANSWER AS A NUMBER AND ROUNDED TO TWO DECIMAL POINTS! NO PARTIAL CREDIT OR CORRECTIONS!)
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Personal Financial Planning
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
14th edition
978-1305887725, 1305887727, 1305636619, 978-1305636613
