Question: PLEASE SHOW THE WORK 5. Based on the following information, calculate the return on equity and the sustainable growth rate for Boston Pies. Profit margin

PLEASE SHOW THE WORK 5. Based on the following information, calculate the return on equity and the sustainable growth rate for Boston Pies. Profit margin = 8.7% Total asset turnover = .75 Debt-equity ratio =.40 Net income = $48,000 Dividends = $9,600 a. You are evaluating an income generating property. Net rent is received at the beginning of each year for 30 years. The first year's rent is expected to be $10,500, and rent is expected to increase 3% each year. The discount rate is 10%. Find the value of the stream of rent payments

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