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A firm has $40 million in equity and $20 million of debt, it pays dividends of 20% of net income, and has a net income

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A firm has $40 million in equity and $20 million of debt, it pays dividends of 20% of net income, and has a net income of $10 million. What is the firm's internal growth rate? O A. 14.1% B. 12.2% C. 15.2% OD. 13.3%

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