Calculate the sustainable growth rate given the following information: Shareholders' equity $1,200,000; net income $115,000; dividends paid $70,000.
A) 6.60%
B) 5.70%
C) 4.80%
D) 3.90%
E) 2.00%

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The Answer of Calculate the sustainable growth rate given the following information: Shareholders' equity $1,200,000; net income $115,000; dividends paid $70,000.
A) 6.60%
B) 5.70%
C) 4.80%
D) 3.90%
E) 2.00%

Calculate the Sustainable Growth Rate Given the Following Information: Shareholders