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QUESTION 37 The Potato Patch has a retention ratio of .80, dividends of $$2,000, and total equity of $3.3 million. What is the firm's sustainable

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QUESTION 37 The Potato Patch has a retention ratio of .80, dividends of $$2,000, and total equity of $3.3 million. What is the firm's sustainable rate of growth? O 7.38 percent O 8.54 percent O 4.22 percent O 1.58 percent D 6.30 percent QUESTION 38 The last dividend paid by New Technologies was an annual dividend of $1.40 a share. Dividends for the next 3 years will be increased at an annual rate of 8 percent. After that, dividends are expected to increase by 3 percent each year. The discount rate is 16 percent. What is the current value of this stock? D $12.60 D $13.33 C $10.40 $14.10 D $15.55 Save All Chiok Saue and Submir to saue and submit. Click Save All Answers to save all answers

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