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Suppose the following numbers will hold forever. (All returns below are annual returns.) Required Return on Equity: 15% Accounting Return on Equity: 18% Stock Beta:
Suppose the following numbers will hold forever. (All returns below are annual returns.) Required Return on Equity: 15% Accounting Return on Equity: 18% Stock Beta: 0.9 Plowback Ratio: 80% Required Return on Assets: 10% What is the fastest annual rate in which the company can grow its sales in long run without raising new equity capital
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