If the Stanford Corporation's net income is $200 million, its common equity is $833 million, and management plans to retain 70 percent of the firm's earnings to finance new investments, what will be the firm's growth rate?
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If the Stanford Corporation's net income is $200 million, its common equity is $833 million, and management plans to retain 70 percent of the firm's earnings to finance new investments, what will be the firm's growth rate?
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