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Problem 4-12 Internal Growth [LO3] Fairlane Company, has an ROA of 10 percent and a payout ratio of 21 percent. What is its internal growth

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Problem 4-12 Internal Growth [LO3] Fairlane Company, has an ROA of 10 percent and a payout ratio of 21 percent. What is its internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Internal growth rate % es

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