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WVU Corporation has a sustainable growth rate of 12.5%, total assets to sales ratio of 1.5, profit margin of 10%, and dividend payout of 50%.
WVU Corporation has a sustainable growth rate of 12.5%, total assets to sales ratio of 1.5, profit margin of 10%, and dividend payout of 50%. What is the firms target D/E ratio?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
5th Edition
0078034663, 978-0078034664
