easy · Principles of Finance cost-of-capital-structure

A firm's ROE is 15%, its Dividend Payout Ratio is 40%, and it has an Equity Beta of 1.2.

Using the Gordon Growth Model assumptions, what is the firm's sustainable growth rate (g)?

  1. 10.8%
  2. 9.0%
  3. 18.0%
  4. 6.0%

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