Question: Using the above assumptions, determine the maximum average growth rate over the 5 year forecast period that would result in the owners NOT having to
Using the above assumptions, determine the maximum average growth rate over the
year forecast period that would result in the owners NOT having to contribute any
additional capital. That is find the sustainable growth rate. Hint: you may want to
find the growth rate in each year of the forecast period, then take the average to
determine the average sustainable growth.
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