Respuesta :
The firm's growth rate is 0.091.
Growth rate
Growth rates are the proportional changes in a particular variable over a given period of time. Increase rates are often expressed for investors as the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro notions like gross domestic product (GDP) and retail sales. The two most frequently used growth rates for analysis are expected forward-looking and trailing growth rates. Growth rates are used to express the annual change in a variable as a percentage in the simplest possible terms. The annual rate of change at which a nation's GDP increases or declines is one way to calculate an economy's growth rate. To determine whether an economy is in a recession or experiencing growth, this growth rate is used.
A firm has a payout ratio of 0.3, plowback ratio of 0.7, and a return on equity of 0.13. What is the firm's growth rate?
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