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A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth rate of the

A firm has adopted a policy whereby it will not seek any additional external financing. Given this, what is the maximum growth rate of the firm if it has net income of $4,500, total equity of $40,000, total assets of $80,000, and a 70 percent dividend payout ratio?
6.38 percent
3.49 percent
1.72 percent
4.10 percent
8.55 percent

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