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15. A firm has a return on equity of 16%, a return on assets of 12%, and a retention ratio of 40%. The firm can
15. A firm has a return on equity of 16%, a return on assets of 12%, and a retention ratio of 40%. The firm can grow at what rate if it doesn't want to use any external financing (approximately)? 12.00% 10.62% 7.76% 6.84% 5.04%*
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