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An equity financed company (Liabilities = 0) has 500,000 in assets. They want to increase assets by 50%. Their ROE is 0.30 and plowback ratio

An equity financed company (Liabilities = 0) has 500,000 in assets. They want to increase assets by 50%. Their ROE is 0.30 and plowback ratio is 0.5. How much external financing is required to accomplish this?

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