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(Measuring growth) IfPepperdine, Inc.'s return on equity is 16 percent and the management plans to retain 55 percent of earnings for investmentpurposes, what will be

(Measuring growth) IfPepperdine, Inc.'s return on equity is 16percent and the management plans to retain 55

percent of earnings for investmentpurposes, what will be thefirm's growthrate?

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