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15.4 Brozik Corp. expects to earn $2.90 next year. It has a payout ratio of 40 percent. Brozik's expected growth is 8 percent per year

15.4 Brozik Corp. expects to earn $2.90 next year. It has a payout ratio of 40 percent. Brozik's expected growth is 8 percent per year indefinitely, and its leverage factor is 1.9. What is Brozik's ROE

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