What would be the sustainable growth rate for a company assuming the following: ROE is 24% and
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What would be the sustainable growth rate for a company assuming the following: ROE is 24% and company reinvests 30% of its earnings back into the firm.
How would you interpret this growth rate?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-1259024962
6th Canadian edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim
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