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NO EXCEL 1 0 - 2 . ( Measuring growth ) If Midland Technologies' net income is 4 0 0 million, its common equity )

NO EXCEL 10-2.(Measuring growth) If Midland Technologies' net income is 400 million, its common equity) is 930 million, and management plans to retain 75 percent of the firm's earnings to finance new projects, what will be the firm's growth rate?

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