Internal growth rate Your firm had net income of $590,000 last year. The firm has debt of
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Internal growth rate Your firm had net income of $590,000 last year. The firm has debt of $2.4 million and equity of $1.8 million. The firm paid a dividend per share of $.05 for each of their five million shares of stock last year. What is the firm’s internal growth rate?
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Related Book For 
Applied Corporate Finance Questions Problems And Making Decisions In The Real World
ISBN: 9781493952991
1st Edition
Authors: Mark K. Pyles
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