The following data are extracted from Monash Bank

Capital at start of year $7,560 million

Assets at start of year $108,200 million

Asset growth rate 15% per annum

Return on assets 1.2% per annum

Dividend pay-out ratio 30%

Target capital ratio 7%;

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Which of the following is correct? (Use 2 decimal points)

a. The bank can support its growth from internal generated capital.

b. None of the other listed options is correct.

c. The internal capital generation rate is 7.7%.

d. The target capital ratio is not equal to the current capital ratio beginning of the year.

e. No information to decide.