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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 24 percent dividend payout ratio. No extemal equity financing is possible. Required: What is the internal growth rate? (Do not round your intermediate calculations.) Multiple Choice 1.51% 12.67% 5.06% 4.96% 4.86%

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