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Question
Asymmetric Frames Corp. had a return on equity of 15%. The corporation's earnings per share was $6.00, its dividend payout ratio was 40% and its profit-retention rate was 60%. If these relationships continue, what will be United Financial Corp.'s internal growth rate?A) 6.0%
B) 8.6%
C) 9.0%
D) 15.6%
Answer
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