Mikel's has $50 million in equity and $20 million in debt, has net income of $10...

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Mikel's has $50 million in equity and $20 million in debt, has net income of $10 million and an internal growth rate of 6%. What is the firm's payout ratio? A) 58% B) 42% OC) 18% OD) 82% E) 20% Mikel's has $50 million in equity and $20 million in debt, has net income of $10 million and an internal growth rate of 6%. What is the firm's payout ratio? A) 58% B) 42% OC) 18% OD) 82% E) 20%

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