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Question
Wilderness Adventures has earnings per share of $2.45 and dividends per share of $1.05. The total equity of the firm is $850,000. There are 40,000 shares of stock outstanding. What is the sustainable rate of growth?A. 2.14 percent
B. 3.31 percent
C. 4.97 percent
D. 5.32 percent
E. 6.59 percent
Answer
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