What will be the firm growth rate

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Pepperdine Inc.'s return on equity is 16 percent, and the management plans to retain 60 percent of earnings for in for investment purposes. What will be the firm's growth rate?

Reference no: EM132348590

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What will be the firm growth rate : Pepperdine Inc.'s return on equity is 16 percent, and the management plans to retain 60 percent of earnings for in for investment purposes.
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