Intro Jordan Inc. had net income of $16,800 last year, paid out $7,700 in dividends, and wants to maintain the same dividend payout ratio in the future. At the end of the year, the company had a book value of debt of $23,000 and a book value of equity of $49,000. Part 1 Attempt 7/10 for 10 pts. What rate of growth is possible without any additional borrowing (internal growth rate)? 3+ decimals Previous answers: 0.10; 10; 12.639; 12.639%; 0.126; 9.35 Submit