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(Weasuring growh) Given that a firm's retuin on equity is 19 percent and management plans to retain 43 percent of eamings for investment purposes, what

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(Weasuring growh) Given that a firm's retuin on equity is 19 percent and management plans to retain 43 percent of eamings for investment purposes, what will be the firm's growh rate? If the frrm decides to increase its retention rate, what will happen to the value of its common stock? a. The rirmis growth rate wili be \%. (Round to two decinal places)

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