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TBS Co. pays out 60% of its earnings as dividends. 60% is the payout ratio. Its return on equity is 12%. What is the stable
TBS Co. pays out 60% of its earnings as dividends. 60% is the payout ratio. Its return on equity is 12%. What is the stable growth rate for free cash flow or dividend for the firm?
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Financial Accounting
Authors: Belverd E Needles, Marian Powers
10th Edition
0547193289, 9780547193281
