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Assume Mudvayne, Inc., has a 9.7 percent ROA and a 39 percent payout ratio. Required: What is the internal growth rate? (Do not include the
| Assume Mudvayne, Inc., has a 9.7 percent ROA and a 39 percent payout ratio. |
| Required: |
| What is the internal growth rate? (Do not include the percent sign (%). Round your answer to 2 decimal places (e.g., 32.16). ) |
| Internal growth rate | % |
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