Question: Please don't round steps: Lester's has a return on equity of 15.1 percent, a profit margin of 7.9 percent, and a payout ratio of 32
Please don't round steps:
Lester's has a return on equity of 15.1 percent, a profit margin of 7.9 percent, and a payout ratio of 32 percent. What is the firm's growth rate?
g = __ %
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