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If the Moran Corp. has an ROE of 11% and a payout ratio of 20%, what is its sustainable growth rate? (Do not round intermediate
If the Moran Corp. has an ROE of 11% and a payout ratio of 20%, what is its sustainable growth rate? (Do not round intermediate calculation answer as a percent rounded to 2 decimal places).
Note: The answer is no 8.8%
What is the sustainable growth rate?
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