If Pepperdine, Inc.'s return on equity is 21 percent and the management plans to retain 56 percent of earnings for investment purposes, what will be
If Pepperdine, Inc.'s return on equity is 21 percent and the management plans to retain 56 percent of earnings for investment purposes, what will be the firm's growth rate?
The firm's growth rate will be __%.
(Round to two decimal places.)
thank you!
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Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
0470876883, 978-0470876886
