Question
What would be the sustainable growth rate for a company assuming the following: ROE is 24% and company reinvests 30% of its earnings back into
What would be the sustainable growth rate for a company assuming the following: ROE is 24% and company reinvests 30% of its earnings back into the firm.
How would you interpret this growth rate?
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Fundamentals of Corporate Finance
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
6th Canadian edition
1259024962, 978-1259024962
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