An all-equity-financed firm plans to grow at an annual rate of at least 19%. Its return on equity is 31%. What is the maximum possible dividend payout rate the firm can maintain without resorting to additional equity issues

3. describe the purpose of the sec. (1-4 sentences. 2.0 points)

After the embarrassing sign incident at the restaurant you own, you decide to offer employees a six-week fundamental writing skills workshop. a local business communication instructor, who has experience teaching writing skills at treleaven community college, will facilitate the sessions. to encourage employees to attend these optional sessions, write an email that explains why you’re offering the workshop and why employees should participate.

The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?