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Business, 22.02.2020 00:15 sincere21

Miami Book Publishers (MBP) just reported earnings of $20 million, and it plans to retain 35 percent of its earnings. If MBP’s historical return on equity (ROE) was 15 percent, what is the expected growth rate for MBP’s earnings?

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Miami Book Publishers (MBP) just reported earnings of $20 million, and it plans to retain 35 percent...
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