Question
Your firm recorded net profits of $167.5 million in the fiscal year just ended. That resulted in a dividend for shareholders of $3.68. If the
Your firm recorded net profits of $167.5 million in the fiscal year just ended. That resulted in a dividend for shareholders of $3.68. If the firm has 22.604 million shares outstanding and a recent ROE of 15.6%, what is the this firm's sustainable growth rate?
Please provide explanation and answer in Excel.
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The Handbook Of Equity Market Anomalies
Authors: Leonard Zacks
1st Edition
0470905905, 978-0470905906
