Question: I need answer for the question immediately please. Scrappy Corp. is expected to have EPS in coming year of $2.60. Its required rate of return

I need answer for the question immediately please. Scrappy Corp. is

I need answer for the question immediately please.

Scrappy Corp. is expected to have EPS in coming year of $2.60. Its required rate of return is 12%. It is expected that the firm's ROE will be 15%. If the firm has a payout ratio of 70%, what is the sustainable growth rate? None of the choices are correct O 3.60% O 4.50% O 10.50% O 8.40%

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