A company pays a dividend of $0.64 per share. The equity per share is $9.50, earnings per share are $3.25, and assets per share are $14.25. What is the sustainable growth rate?
A) 19.69%
B) 22.18%
C) 25.14%
D) 27.47%
E) 18.32%
Correct Answer:
Verified
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