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Consider a firm which has total assets of $11957177. The firm has Net Income of $1259701. The firm's Net Profit Margin is 0.11, while

Consider a firm which has total assets of $11957177. The firm has Net Income of $1259701. The firm's Net Profit Margin is 0.11, while its Equity Multiplier is 1.1. The firm has a policy of paying out 51% of net income as dividends. What is the firm's internal growth rate? Report your answer in percentage terms rounded to two decimal places. (Example: ".12345" should be entered as "12.35") Answer:

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