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Business, 08.07.2021 18:40 trinityine

A firm plans to grow at an annual rate of at least 11%. Its return on equity is 19%. Suppose the firm has a debt-equity ratio of 1/3. What is the maximum dividend payout ratio it can maintain without resorting to any external financing?

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A firm plans to grow at an annual rate of at least 11%. Its return on equity is 19%. Suppose the fir...
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