The sustainable growth rate of a firm is best described as the:
-Minimum growth rate achievable assuming a 100 percent retention ratio.
-Minimum growth rate achievable if the firm maintains a constant equity multiplier.
-Maximum growth rate achievable excluding external financing of any kind.
-Maximum growth rate achievable excluding any external equity financing while maintaining a constant debt-equity ratio.
-Maximum growth rate achievable with unlimited debt financing.
Answer: Maximum growth rate achievable excluding any external equity financing while maintaining a constant debt-equity ratio