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The most recent financial statements for Live Co. are shown here: Assets and costs are proportional to sales. Debt and equity are not. The company

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The most recent financial statements for Live Co. are shown here: Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 22 percent dividend payout ratio. No external equity financing is possible. Required: What is the internal growth rate? (Do not round your intermediate calculations.) Multiple Choice 4.99% 13.04% 1.39% 5.09% 5.19%

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