Question
Last year Lakeshas Lounge Furniture Corporation had an ROE of 16.4 percent and a dividend payout ratio of 26 percent. What is the sustainable growth
| Last year Lakeshas Lounge Furniture Corporation had an ROE of 16.4 percent and a dividend payout ratio of 26 percent. What is the sustainable growth rate? |
| What is the sustainable growth rate? (Do not round intermediate calculations. Round your answer to 2 decimal places.) |
| Sustainable growth rate | % |
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Numerical Methods In Finance
Authors: René Carmona, Pierre Del Moral, Peng Hu, Nadia Oudjane
2012th Edition
3642257453, 978-3642257452
