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Fairlane Company has an ROA of 8.3 percent and a payout ratio of 35 percent What is its internal growth rate? (Do not round Intermediate

Fairlane Company has an ROA of 8.3 percent and a payout ratio of 35 percent What is its internal growth rate? (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal growth rate

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