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After eating a McDonalds hamburger you wonder what the internal growth rate (IGR) of McDonalds is. IGR = (ROA b)/[1-(ROA b)], b is the retention
After eating a McDonalds hamburger you wonder what the internal growth rate (IGR) of McDonalds is. IGR = (ROAb)/[1-(ROAb)], b is the retention ratio. You find the following recent data: ROA = 0.04, ROE = 0.08, dividend payout ratio = 0.33. The IGR is closest to
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