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ZYX Ltd. has sales of $1,000,000, retention ratio of 60%, equity multiplier of 2.5, dividends of $30,000, and equity of $312,500. What is the growth

ZYX Ltd. has sales of $1,000,000, retention ratio of 60%, equity multiplier of 2.5, dividends of $30,000, and equity of $312,500. What is the growth rate that the firm can achieve without outside financing?

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