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Cambria, Inc., had equity of $196427 at the beginning of the year. At the end of the year, the company had total assets of $356640.

Cambria, Inc., had equity of $196427 at the beginning of the year. At the end of the year, the company had total assets of $356640. During the year the company sold no new equity. Net income for the year was $37934 and dividends were $9803. What is the internal growth rate for the company? (in %) (round 4 decimal places)

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