Question: Question 3 0.5 pts The newspaper reported last week that Lowery Enterprises earned $31 thousand this year. The report also stated that the firm's return

Question 3 0.5 pts The newspaper reported last week that Lowery

Question 3 0.5 pts The newspaper reported last week that Lowery Enterprises earned $31 thousand this year. The report also stated that the firm's return on equity is 9%. Lowery retains 42% of its earnings. What is the firm's earnings growth rate? (Report answer in percentage terms and round to 2 decimal places. Do not round intermediate calculations). Topic: Estimating Growth Rates and Required Return 0.5 pts Question 4

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