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Question 8 12.5 pts Airfoil, Inc. announced yesterday that they earned $34,000,000 million this year. They also stated the firm's return on equity is 16%

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Question 8 12.5 pts Airfoil, Inc. announced yesterday that they earned $34,000,000 million this year. They also stated the firm's return on equity is 16% percent. Airfoil retains 80% percent of their earnings. What is the firms earnings growth rate? Earnings ROE $34,000,000 16% 80% Retention ratio 0 20.00% 0 96.00% 0 64.00% O 12.80%

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