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Assume the payout ratio is 50%. a. Calculate the internal growth rate where no external debt or equity is to be issued. Note: Do not
Assume the payout ratio is 50%. a. Calculate the internal growth rate where no external debt or equity is to be issued. Note: Do not round intermediate calculations. Enter your answer as a whole percent. b. Calculate the sustainable growth rate where the firm maintains a fixed debt ratio but issues no equity. Note: Do not round intermediate calculations. Enter your answer as a whole percent. a. Internal growth rate b. Sustainable growth rate
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