Question: The Two Sisters has a 9% ROA and a 75% retention or plowback ratio. The ROE is 12%. At what rate can the firm grow
The Two Sisters has a 9% ROA and a 75% retention or plowback ratio. The ROE is 12%. At what rate can the firm grow it's assets without the need for any external capital? a) 6.50% b) 6.75% c) 6.97% d) 7.24% e) 7.38%
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