Shield Corp. expects an earnings per share of $3 and reinvests 45% of its earnings. Management projects

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Shield Corp. expects an earnings per share of $3 and reinvests 45% of its earnings. Management projects a rate of return of 1% on new projects and investors expect a 10% rate of return on the stock. What is the sustainable growth rate?

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Corporate Finance

ISBN: 978-0077861759

10th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

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Posted Date: Oct 06, 2020 11:31 PM

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Shield Corp. expects an earnings per share of $3 and reinvests 45% of its earnings. Management projects

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Corporate Finance

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