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What is the maximum dividend payout ratio consistent with no requiring external funds for a firm with ROE of 16%, a debt-equity ratio of 60%,
What is the maximum dividend payout ratio consistent with no requiring external funds for a firm with ROE of 16%, a debt-equity ratio of 60%, and an internal growth rate of 8%?
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W. Melicher, Edgar A. Norton
17th Edition
1119561175, 978-1119561170
