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A) The companys growth rate will be __% b)How would the growth rate change if management increased retained earnings to 31 percent or decreased retention

A) The companys growth rate will be __%
b)How would the growth rate change if management increased retained earnings to 31 percent or decreased retention to 12 percent? image text in transcribed
Score: 0 of 3 pts 2 of 5 (0 complete) HW Score: 0%, 0 of 1... P10-8 (similar to) Question Help tid es on: (Measuring growth) Thomas, Inc.'s return on equity is 19 percent and management has plans to retain 21 percent of earnings for investment in the company. in Th a. What will be the company's growth rate? b. How would the growth rate change if management (i) increased retained earnings to 31 percent or (ii) decreased retention to 12 percent? arn tin mp a. The company's growth rate will be %. (Round to two decimal places.) besti owth used phc top end pad 88 honen ed text Messag

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