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Delta Fasteners Has a 12% Return on Assets and a 45

Question 211

Multiple Choice

Delta Fasteners has a 12% return on assets and a 45% dividend payout ratio. What is the internal growth rate?


A) 5.71 %
B) 6.48 %
C) 6.82%
D) 7.07 %
E) 7.41 %

Correct Answer:

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