Question: Need help with ratio Homework: Long-term Financial Planning Assignment 0 Saved 3 7.34 An allequityflnanced rm plans to grow at an annual rate of at

Need help with ratio

Homework: Long-term Financial Planning Assignment 0 Saved 3 7.34 An allequityflnanced rm plans to grow at an annual rate of at least 29%. Its return on equity is 45%. What is the maximum possible dividend payout rate the firm can maintain without resorting to additional equity issues? [Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.) eBook

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