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Bio - Plasma Corporation is growing at 3 0 % per year. It is all - equity - financed and has total assets of $

Bio-Plasma Corporation is growing at 30% per year. It is all-equity-financed and has total assets of $2.6 million. Its return on equity is
21%. Its plowback ratio is 44%.
a. What is the internal growth rate?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.
b. What is the firm's need for external financing this year?
Note: Enter your answer in dollars not in millions.
c. By how much would the firm increase its internal growth rate if it reduced its payout rate to zero?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to the nearest whole number.
d. What is the firm's revised need for external financing this year?
Note: Enter your answer in dollars not in millions.
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