A company with net income of $30 million and shareholder equity of $200 million and a...

A company with net income of $30 million and shareholder equity of $200 million and a 40% payout ratio would expect a sustainable constant-growth rate of:

		A) 4%.
		B) 9%.
		C) 21%.
		D) 25%.

Expert Solution

jeff jeffy answered 2 years ago

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