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A company's ROA and ROE are constant as 5% and 10% respectively and these two variables are defined as net income dividend by the previous
A company's ROA and ROE are constant as 5% and 10% respectively and these two variables are defined as net income dividend by the previous year's total assets and equity respectively. The company always pays out 30% of its net income as dividend. What is the maximum growth rate in firm size (total assets) if the only source for asset growth is retained earnings?
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