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A bank has a net profit margin of 5 percent. It has an equity multiplier of 8 and has an asset utilization ratio of 35

A bank has a net profit margin of 5 percent. It has an equity multiplier of 8 and has an asset utilization ratio of 35 percent. It retains 30 percent of its earnings each year. What is this bank's internal capital growth rate? Remember that the internal capital growth=ROE*Retention rate.

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