Multiple Choice
A firm has $40 million in equity and $20 million of debt,it pays dividends of 20% of net income,and has a net income of $10 million.What is the firm's internal growth rate?
A) 12.2%
B) 13.3%
C) 14.1%
D) 15.2%
E) 15.7%
Correct Answer:

Verified
Correct Answer:
Verified
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