Question: Assume the following data: Plowback ratio = 50% Return on equity = 20% Equity to net assets ratio = 60% Calculate the internal growth rate

Assume the following data:

Plowback ratio = 50%

Return on equity = 20%

Equity to net assets ratio = 60%

Calculate the internal growth rate for the firm

A. 6%

B. 10%

C. 12%

D. 17%

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