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QUESTION
an all equity financed firm plans to grow at an annual rate of at least 20% its return on equity is 32% what is the maximum possible dividend payout
an all equity financed firm plans to grow at an annual rate of at least 20% its return on equity is 32% what is the maximum possible dividend payout rate the firm can maintain without restoring to additional equity issues ( do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place)
