What is the sustainable growth rate for a firm

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Reference no: EM13946921

What is the sustainable growth rate for a firm with $250,000 in net income, $20,000 in preferred stock dividends, $80,000 in common stock dividends, and an average equity balance of $1 million?

A. 8%

B. 10%

C. 15%

D. 17%

Reference no: EM13946921

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