Chartered Financial Analyst Level 1
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An analyst gathers the following information (in $ millions) about a company's fiscal year:
Net income 1,500 Average total assets 11,500 Average shareholders' equity 7,500
If the dividend payout ratio is 45%, the sustainable growth rate is closest to:
An analyst gathers the following information (in $ millions) about a company's fiscal year:
| Net income | 1,500 |
|---|---|
| Average total assets | 11,500 |
| Average shareholders' equity | 7,500 |
If the dividend payout ratio is 45%, the sustainable growth rate is closest to:
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