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Business, 28.05.2021 01:00 jaici68

In a fiscal year, a company pays out $480,000 as dividends to its shareholders out of the earnings of $1.2 million. The return on equity is pegged at 7.9%. Calculate the growth rate of the company.

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In a fiscal year, a company pays out $480,000 as dividends to its shareholders out of the earnings o...
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