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HW Score: 37.5%, 30 of 80 pts Score: 0 of 10 pts Problem 8-9 (similar to) (Measuring growth) The Cammack Corporation wants to achieve a
HW Score: 37.5%, 30 of 80 pts Score: 0 of 10 pts Problem 8-9 (similar to) (Measuring growth) The Cammack Corporation wants to achieve a steady 9 percent growth rate If it can achieve a return on 3 of 11 (7 complete) Question Help equity of 12 percent, what percentage of earnings must Cammack retain for investment purposes? The percentage of earnings Cammack must retain (or the profit-retention rate) is 1 196 (Round to two decimal places.) answer n the answer box and then cick ChecsA
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