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fince a firm's growth rate is determined by its return on new investments and its retention rate; a firm can increase ts growth rate and

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fince a firm's growth rate is determined by its return on new investments and its retention rate; a firm can increase ts growth rate and therefore the price per share by retaining a larger portion of earnings. - Comment on the validity of the above statement; - Design a numerical example to illustrate your point or argument. You may adapt from one of the examples in the textbook

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