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This question: 2 point(s) possible (Measuring growth) if Pepperdine, Inc.'s return on equity is 14 percent and the management plans to retain 65 percent of

This question: 2 point(s) possible (Measuring growth) if Pepperdine, Inc.'s return on equity is 14 percent and the management plans to retain 65 percent of earnings for investment purposes, what will be the firm's growth rate? The firm's growth rate will be % (Round to two decimal places.)

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