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The Two Sisters has a 10 percent return on equity and a 37 percent retention ratio. What is the sustainable growth rate (under constant debt/equity)?
The Two Sisters has a 10 percent return on equity and a 37 percent retention ratio. What is the sustainable growth rate (under constant debt/equity)?
1)3.84
2)6.07
3)3.56
4)13.84
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Personal Finance Version 3.1
Authors: Rachel S. Siegel
3rd Edition
1453334807, 978-1453334805
