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Business, 26.02.2022 20:30 vrw28

An all-equity-financed firm plans to grow at an annual rate of at least 19%. Its return on equity is 31%. What is the maximum possible dividend payout rate the firm can maintain without resorting to additional equity issues

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An all-equity-financed firm plans to grow at an annual rate of at least 19%. Its return on equity is...
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