Calculate the sustainable growth rate if ROE is 35.60% and the retention ratio is 68.45%. A. 15.32% B. 24.37% C. 27.85% D. 20.48%

EBK CONTEMPORARY FINANCIAL MANAGEMENT
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ISBN:9781337514835
Author:MOYER
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Chapter10: Capital Budgeting: Decision Criteria And Real Option
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Calculate the sustainable growth rate if ROE is 35.60% and the
retention ratio is 68.45%.
A. 15.32%
B. 24.37%
C. 27.85%
D. 20.48%
Transcribed Image Text:Calculate the sustainable growth rate if ROE is 35.60% and the retention ratio is 68.45%. A. 15.32% B. 24.37% C. 27.85% D. 20.48%
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