Retention ratio is 0.60 and return on equity is 15.5% then growth retention model would be
A. 14.90%
B. 25.84%
C. 16.10%
D. 9.30%
Answer: Option D
Solution (By Examveda Team)
Growth retention model = Return on equity × Retention ratio= 15.5% × 0.60 = 9.30%

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