Based on Exhibit 4 and Intern 1’s analysis, Xavier Corporation’s sustainable dividend payout ratio is closest to:
43.4%.
44.6%.
56.6%.
(Institute 263)
Institute, CFA. 2018 CFA Program Level II Volume 4 Equity. CFA Institute, 07/2017. VitalBook file.
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此题答案显然用r 来代替ROE计算,什么情况下可以认为ROE=r?