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A firm has an ROE of 27.5% and an ROA of 11%. What is the internal growth rate if the firm has a 55% dividend

A firm has an ROE of 27.5% and an ROA of 11%. What is the internal growth rate if the firm has a 55% dividend payout ratio? Select one: a. 8.81% b. 8.46% c. 7.76% d. 7.07% e. 5.21%

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