What is the sustainable rate of growth

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1. Canadian Adventures has earnings per share of $2.86 and dividends per share of $1.80. The total equity of the firm is $750,000. There are 38,000 shares of stock outstanding. What is the sustainable rate of growth?

2. Oprah Winfrey has closed on a 42-acre estate near Santa Barbara, California, for $49,300,000. If Oprah puts 30% down and finances at 6.5% for 30 years, what would her monthly payment be? (Do not round intermediate calculations. Round your answer to the nearest dollar amount.)

Reference no: EM132037350

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