Study Problems
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Common Stock
10–1. (Measuring growth) If Pepperdine, Inc.’s return on equity is 16 percent and the management plans to retain 60 percent of earnings for investment purposes, what will be the firm’s growth rate?
10–2. (Measuring growth) If the Stanford Corporation’s net income is $200 million, its common equity is $833 million, and management plans to retain 70 percent of the firm’s earnings to finance new investments, what will be the ...
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