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Assume the following data: Plowback ratio = 50% Return on equity = 20% Equity to net assets ratio = 60% Calculate the internal growth rate
Assume the following data:
Plowback ratio = 50%
Return on equity = 20%
Equity to net assets ratio = 60%
Calculate the internal growth rate for the firm
A. 6%
B. 10%
C. 12%
D. 17%
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