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A: 6.19% is wrong! The most recent financial statements for Mandy Company are shown here: Assets and costs are proportionsl to sales. Debt and equity

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6.19% is wrong!

The most recent financial statements for Mandy Company are shown here: Assets and costs are proportionsl to sales. Debt and equity are not. The compony maintains a constant 35 percent dividend poyout ratio. What is the interns growth rate? (Do not round Intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.)

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