Question
Last year Lakesha's Lounge Furniture Corporation had an ROE of 18.6 percent and a dividend payout ratio of 26 percent. What is the sustainable growth
Last year Lakesha's Lounge Furniture Corporation had an ROE of 18.6 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.Include % sign)
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
