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Calculate the rate at which the firm can grow without changing its leverage if its payout ratio is 60%, equity outstanding at the beginning of

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Calculate the rate at which the firm can grow without changing its leverage if its payout ratio is 60%, equity outstanding at the beginning of the year is $170,000, and its net income for the year is $30,000: 5% 7.06% 10.06% 8.22%

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