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Nails and More Has Net Income of $11,200,total Equity of $56,400,a

Question 34

Multiple Choice

Nails and More has net income of $11,200,total equity of $56,400,a dividend payout ratio of 60 percent,and an equity multiplier of 1.25.What is the internal rate of growth?


A) 11.91%
B) 8.63%
C) 8.01%
D) 5.54%
E) 6.79%

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