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A7X Co. has an ROA of 8 percent and a payout ratio of 31 percent. What is its internal growth rate? (Do not round intermediate

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A7X Co. has an ROA of 8 percent and a payout ratio of 31 percent. What is its internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. Internal growth 5.52 % rate

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