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(Measuring growth) Given that a firm's retum on equity is 19 percent and management plans to retain 37 percent of earnings for investment purposes, what

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(Measuring growth) Given that a firm's retum on equity is 19 percent and management plans to retain 37 percent of earnings for investment purposes, what will be the firm's growth rate? The firm's growth rate will be \%. (Round to two decimal places.)

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