October 4, 2015

Homework Help: Finance

Posted by Kristi on Tuesday, September 18, 2007 at 5:56pm.

A firm wants to maintain a growth rate of 7% without incurring any additional equity financing. The firm maintains a constant debt-equity ratio of .6 a total asset turnover ratio of .75, and a profit margin of 6%. What must the dividend payout ratio be?

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