A firm is financing its growth with retained earnings it is, Financial Management

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A firm is financing its growth with retained earnings it is

A firm is financing its growth with retained earnings. It is retaining 80 percent of its annual earnings. The firm's historic return on equity is 16 percent, a figure that is expected to continue into the future. How much will earnings grow over the year?

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Financial Management: A firm is financing its growth with retained earnings it is

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Financial Management: A firm is financing its growth with retained earnings it is

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