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The Spring Co. has a Return on Equity of 14.6% and a Payout Ratio of 20% Required : Calculate Spring Co.s Sustainable Growth Rate. Note:

The Spring Co. has a Return on Equity of 14.6% and a Payout Ratio of 20%

Required:

  1. Calculate Spring Co.s Sustainable Growth Rate.

Note: Your answer should be 2 decimal points

How to calculate these problems? Please show the detailed steps for these problems. I don't know how to do. Thank you so much!!!

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