Lucid Technologies has a dividend payout ratio of 60% (i.e., dividends/earnings).Its capital structure is expected to remain
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Lucid Technologies has a dividend payout ratio of 60% (i.e., dividends/earnings).Its capital structure is expected to remain relatively stable for the foreseable future.Lucid's most recent net income and average equity are $20m and $250m, respectively.Its average total asset level was $350m.What is Lucid's Return on Equity (ROE) and sustainable growth rate, g, respectively?
Related Book For
Fundamentals Of Corporate Finance
ISBN: 9780135811603
5th Edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
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