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A corporation is growing at 30% per year. it is an all equity financed firm and has a total asset value of 1 million. 20%

A corporation is growing at 30% per year. it is an all equity financed firm and has a total asset value of 1 million. 20% of the retained earnings is paid out as the cash dividend. the net profit is $200 thousand dollars. what is the internal growth rate? a) 4% b) cannot determine c) 8% d) 16%

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