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The sustainable growth rate will be equivalent to the internal growth rate when, and only when: the growth rate is positive. a firm has no

The sustainable growth rate will be equivalent to the internal growth rate when, and only when:
the growth rate is positive.
a firm has no debt.
the retention ratio is equal to 1.
the plowback ratio is positive but less than 1.
a firm has a debt-equity ratio equal to 1.
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