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This was previously posted but the person who answered it is wrong. I am posting question a second time. The Raindrop Company has an ROE
This was previously posted but the person who answered it is wrong. I am posting question a second time.
The Raindrop Company has an ROE of 151 percent and a payout ratio of 40 percent. What is the company's sustainable growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) Answer is complete but not entirely correct. Sustainable growth rate 9.06 X%Step by Step Solution
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